A student has money in three accounts that pay 5 7 and 8 in


A student has money in three accounts that pay 5%, 7%, and 8%, in annual interest. She has three times as much invested at 8% as she does at 5%. If the total amount she has invested is $1600 and her interest for the year comes to $115, how much money does she have in each account?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: A student has money in three accounts that pay 5 7 and 8 in
Reference No:- TGS01719820

Expected delivery within 24 Hours