C + S + B = 6000 = Total deposit
c+ s + b= 355 ( Total interest )
Int = Prt
c = C*2*1
s = S* 5*1
b = B*7*1
Also C + B - 2300 +B = 6000
C+2B = 8300
Also
2C +5S +7B =355
From above equations find C, S and B
Han R.
asked 05/04/21Thomas has $6000 invested among a checking account paying 2% annual interest, a savings
account paying 5% annual interest and a bond paying 7% annual interest. He earns a total of
$355 in annual interest and he has $2300 less invested in his savings account than in his bond.
How much has he invested in each account?
C + S + B = 6000 = Total deposit
c+ s + b= 355 ( Total interest )
Int = Prt
c = C*2*1
s = S* 5*1
b = B*7*1
Also C + B - 2300 +B = 6000
C+2B = 8300
Also
2C +5S +7B =355
From above equations find C, S and B
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