3. Penelope invested $6650 into three investment accounts, earning 8%, 12.5%, and 7.5% simple interest per

year. If the annual interest earned totaled $671.25 and the amount invested at 12.5% was $300 more than

twice the amount invested at 8%, find the amount invested into each account.

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Mayer

30 August, 19:10

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Darien Lucas · Answer 1

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3. Penelope invested $6650 into three investment accounts, earning 8%, 12.5%, and 7.5% simple interest peryear. If the annual interest earned totaled $671.25 and the amount invested at 12.5% was $300 more thantwice the amount invested at 8%, find the amount invested into each account.