Question

Emily divides $17,000 into three investments : a savings account paying 6% annual interest, a bond paying 9%, and a money market fund paying 11%. The annual interest from all three accounts is $1540, and she has three times as much invested in the bond as in the savings account. What amount does she have invested in each account?

Answer 1

ok i'm not just going to anwer this but, i want you to answer the following questions,

1) what is the known

2) what do we not know

3) can you convert anything into something else

4) how many equations are possible

5) is it a one solution, multiple solution, or infinite solutions

6) what solution makes the most scene

7) can it be simplified

8) can it be converted

if you need more help just come to me and we can talk