An investment of $92,000 was made by a business club. The investment was split into three parts and lasted for one year. The first part of the investment earned 8% interest, the second 6%, and the third 9%. Total interest from the investmentswas $7200. The interest from the first investment was 4 times the interest from the second. Find the amounts of the three parts of the investment.The first part of the investment was $The second part of the investment was $The third part of the investment was $

Given: Total amount invested in three parts=$92000, the interest rates are 8%, 6% and 9%. The total…

Answered: An investment of $92,000 was made by a…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter6: Systems Of Linear Equations And Inequalities

Section6.1: Graphing Systems Of Equations

Problem 59PFA

See similar textbooks

Similar questions

Malik is planning a 6-day summer vacation trip. He has $840 in savings, and he earns $45 per hour for tutoring. The trip will cost him $525 for airfare, $780 for food and sightseeing, and $95 per night for the hotel. How many hours must he tutor to have enough money to pay for the trip?
Kenneth currently sells suits for company A at a salary of $22,000 plus a $10 commission for each suit sold. Company B offers him a position with a salary of $28,000 plus a $4 commission for each suit sold. How many suits would Kenneth need to sell for the options to be equal?
Three coworkers work for the same employer. Their jobs are warehouse manager, office manager, and truck driver. The sum of the annual salaries of the warehouse manager and office manager is $82,000. The office manager makes $4,000 more than the truck driver annually. The annual salaries of the warehouse manager and the truck driver total $78,000. What is the annual salary of each of the co-workers?
The community college fine arts department sold three kinds of tickets to its latest dance presentation. The adult tickets sold for $20, the student tickets for $12 and the child tickets for $10.The fine arts department was thrilled to have sold 350 tickets and brought in $4,650 in one night. The number of child tickets sold is the same as the number of adult tickets sold. How many of each type did the department sell?
Translate to a system of equations and solve: Jill’s Sandwich Shoppe owes $65,200 on two business loans, one at 4.5% interest and the other at 7.2% interest. The total amount of interest owed last year was $3,582. What was the principal for each loan?
As the treasurer of her daughter’s Girl Scout troop, Laney collected money for some girls and adults to go to a 3-day camp. Each girl paid $75 and each adult paid $30. The total amount of money collected for camp was $765. If the number of girls is three times the number of adults, how many girls and how many adults paid for camp?
Orlando is mixing nuts and cereal squares to make a party mix. Nuts sell for $7 a pound and cereal squares sell for $4 a pound. Orlando wants to make 30 pounds of party mix at a cost of $6.50 a pound, how many pounds of nuts and how many pounds of cereal squares should he use?
Alisha is making an 18 ounce coffee beverage that is made from brewed coffee and milk. The number of ounces of brewed coffee is 5 times greater than the number of ounces of milk. How many ounces of coffee and how many ounces of milk does Alisha need?
Two hoses can fill a swimming pool in 10 hours. It would take one hose 26 hours to fill the pool by itself. How long would it take for the other hose, working alone, to fill the pool?
At a concert, $1600 in tickets was sold. Adult tickets were $9 each and children’s tickets were $4 each. If the number of adult tickets was 3() fewer than twice the number of children’s tickets, how many of each kind were sold?

Recommended textbooks for you

Glencoe Algebra 1, Student Edition, 9780079039897…

Algebra

ISBN:

9780079039897

Author:

Carter

Publisher:

McGraw Hill

Intermediate Algebra

Algebra

ISBN:

9780998625720

Author:

Lynn Marecek

Publisher:

OpenStax College

Elementary Algebra

Algebra

ISBN:

9780998625713

Author:

Lynn Marecek, MaryAnne Anthony-Smith

Publisher:

OpenStax - Rice University

Glencoe Algebra 1, Student Edition, 9780079039897…

Algebra

ISBN:

9780079039897

Author:

Carter

Publisher:

McGraw Hill

Intermediate Algebra

Algebra

ISBN:

9780998625720

Author:

Lynn Marecek

Publisher:

OpenStax College

Elementary Algebra

Algebra

ISBN:

9780998625713

Author:

Lynn Marecek, MaryAnne Anthony-Smith

Publisher:

OpenStax - Rice University

Algebra for College Students

Algebra

ISBN:

9781285195780

Author:

Jerome E. Kaufmann, Karen L. Schwitters

Publisher:

Cengage Learning

Algebra: Structure And Method, Book 1

Algebra

ISBN:

9780395977224

Author:

Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Publisher:

McDougal Littell

College Algebra

Algebra

ISBN:

9781938168383

Author:

Jay Abramson

Publisher:

OpenStax

SEE MORE TEXTBOOKS