An investment of $108,000 was made by a business club. The investment was split into three parts and lasted one year. The first part of the investment earned 8% interest, the second 6%, and the third 9%. Total interest from the investments was $8520. The interest from the first investment was 6 times the interest from the second. Find the amounts of the three parts of the investment.
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Home » Mathematics » An investment of $108,000 was made by a business club. The investment was split into three parts and lasted one year. The first part of the investment earned 8% interest, the second 6%, and the third 9%. Total interest from the investments was $8520.