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October 20, 2014

Homework Help: college alg HELP!

Posted by samantha on Thursday, November 18, 2010 at 1:12pm.

I cannot figure a way to do this problem:

An investment of $98,000 was made by a business club. The investment was split into three parts and lasted for one year. The first part of the investment earned 8% interest, the second 6%, and third 9%. The total interest from the investments was $7560. The interest from the first investment was 3 times the interest from the second. Find the amounts of the three parts of the investment.

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