D W.

asked • 02/17/16

An investment of $29,000 was made divided into 3 parts for 1 year. Part 1) earned 8%, 2) 6%, 3) 9%. =$2250. Part 1 earned 4x more than part 2.

An investment of $29,000 was made by a business group. The investment was split into three parts and lasted for one year. The first part of the investment earned 8% interest, the second 6% interest, and the third 9% interest. The total interest earned from the investments was $2250. The interest from the first investment was four times the interest from the second. Find the amounts of the three parts of the investments.

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