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Solve the following applications by setting up and solving a system of three equations in three variables. Note that some equations may have only two of the three variables used to create the system. Investment/Finance and Simple Interest Problems 54. Investing the winnings: After winning $280,000 in the lottery, Maurika decided to place the money in three different investments: a certificate of deposit paying 4%, a money market certificate paying 5%, and some Aa bonds paying 7%. After 1 she earned $15,400 in interest. Find how much yr was invested at each rate if $20,000 more was invested at 7% than at 5%. 55. Purchase at auction: At an auction, a wealthy collector paid $7,000,000 for three paintings: a Monet, a Picasso, and a van Gogh. The Monet cost $800,000 more than the Picasso. The price of the van Gogh was $200,000 more than twice the price of the Monet. What was the price of each painting? Descriptive Translation 56. Major wars: The United States has fought three major wars in modern times: World War II, the Korean War, and the Vietnam War. If you sum the years that each conflict ended, the result is 5871. The Vietnam War ended 20 years after the Korean War and 28 vears after World W

Solve the following applications by setting up and solving a system of three equations in three variables. Note that some equations may have only two of the three variables used to create the system. Investment/Finance and Simple Interest Problems 54. Investing the winnings: After winning $280,000 in the lottery, Maurika decided to place the money in three different investments: a certificate of deposit paying 4%, a money market certificate paying 5%, and some Aa bonds paying 7%. After 1 she earned $15,400 in interest. Find how much yr was invested at each rate if $20,000 more was invested at 7% than at 5%. 55. Purchase at auction: At an auction, a wealthy collector paid $7,000,000 for three paintings: a Monet, a Picasso, and a van Gogh. The Monet cost $800,000 more than the Picasso. The price of the van Gogh was $200,000 more than twice the price of the Monet. What was the price of each painting? Descriptive Translation 56. Major wars: The United States has fought three major wars in modern times: World War II, the Korean War, and the Vietnam War. If you sum the years that each conflict ended, the result is 5871. The Vietnam War ended 20 years after the Korean War and 28 vears after World W

Algebra for College Students
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 29PS
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Solve the following applications by setting up and solving a system of three equations in three variables. Note that some equations may have only two of the three variables used to create the system. Investment/Finance and Simple Interest Problems 54. Investing the winnings: After winning $280,000 in the lottery, Maurika decided to place the money in three different investments: a certificate of deposit paying 4%, a money market certificate paying 5%, and some Aa bonds paying 7%. After 1 she earned $15,400 in interest. Find how much yr was invested at each rate if $20,000 more was invested at 7% than at 5%. 55. Purchase at auction: At an auction, a wealthy collector paid $7,000,000 for three paintings: a Monet, a Picasso, and a van Gogh. The Monet cost $800,000 more than the Picasso. The price of the van Gogh was $200,000 more than twice the price of the Monet. What was the price of each painting? Descriptive Translation 56. Major wars: The United States has fought three major wars in modern times: World War II, the Korean War, and the Vietnam War. If you sum the years that each conflict ended, the result is 5871. The Vietnam War ended 20 years after the Korean War and 28 vears after World W
Transcribed Image Text:Solve the following applications by setting up and solving a system of three equations in three variables. Note that some equations may have only two of the three variables used to create the system. Investment/Finance and Simple Interest Problems 54. Investing the winnings: After winning $280,000 in the lottery, Maurika decided to place the money in three different investments: a certificate of deposit paying 4%, a money market certificate paying 5%, and some Aa bonds paying 7%. After 1 she earned $15,400 in interest. Find how much yr was invested at each rate if $20,000 more was invested at 7% than at 5%. 55. Purchase at auction: At an auction, a wealthy collector paid $7,000,000 for three paintings: a Monet, a Picasso, and a van Gogh. The Monet cost $800,000 more than the Picasso. The price of the van Gogh was $200,000 more than twice the price of the Monet. What was the price of each painting? Descriptive Translation 56. Major wars: The United States has fought three major wars in modern times: World War II, the Korean War, and the Vietnam War. If you sum the years that each conflict ended, the result is 5871. The Vietnam War ended 20 years after the Korean War and 28 vears after World W
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