Friday, April 25, 2014

HELP NEEDED!! An investment of $93,000 was made by a business club. The investmnt was split into 3 parts...? and MFS Investment Management Service Day (Boston) 5.10.13

HELP NEEDED!! An investment of ,000 was made by a business club. The investmnt was split into 3 parts...?



and lasted one year. The 1st part earned 8% interest, the second 6% and the third 9%. Total interest from the investment was $ 7170. The interest from the first was 6 times the interest from the second. Find the amounts of the 3 parts of the investment.

8% ___
6% ___
9% ___


Investment best answer:

Answer by William B
x=8% investment
y= 6% investment
z= 9% investment
x+y+z=93000
.08x +.06y +.09z=7170 or
8x +6y +9z=717000

.08x =6(.06y) =.36y
8x =36y


Investment

MFS Investment Management Service Day (Boston) 5.10.13
Investment

Image by cityyear
MFS employees rolled up their sleeves to help landscape, and paint the outdoor area surrounding the Dever-McCormack Schools on Friday.

Photos by Jerome Daye | 2013



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