Solve each of the following problems by setting up and solving a system of three linear equations in three variables. Part of $3000 is invested at 4%, another part at 5%, and the remainder at 6%. The total yearly income from the three investments is $160. The sum of the amounts invested at 4% and 5% equals the amount invested at 6%. Determine how much is invested at each rate.

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Systems Of Equations
Section11.2: Systems Of Three Linear Equations In Three Variables
Problem 27PS
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Solve each of the following problems by setting up and solving a system of three linear equations in three variables. Part of $3000 is invested at 4%, another part at 5%, and the remainder at 6%. The total yearly income from the three investments is $160. The sum of the amounts invested at 4% and 5% equals the amount invested at 6%. Determine how much is invested at each rate.

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