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An Accountant Has Money in Three Accounts That Pay 8

Question 235

Multiple Choice

An accountant has money in three accounts that pay 8%, 10%, and 13% in annual interest. He has twice as much invested at 8% as he does at 10% and three times as much invested at 13% as he does at 10%. If the total interest from the three accounts if $455 for the year, how much is invested at each rate? ( Hint : Let x = the amount invested at 10%.)


A) $1,400 invested at 8% $700 invested at 10% $2,100 invested at 13%
B) $1,450 invested at 8% $725 invested at 10% $2,175 invested at 13%
C) $1,410 invested at 8% $705 invested at 10% $2,115 invested at 13%
D) $1,330 invested at 8% $665 invested at 8% $1,295 invested at 13%
E) $1,350 invested at 8% $675 invested at 10% $2,025 invested at 13%

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