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Question How would I set up and equation if I were to invest $40,000. If I split the investments into 3 parts, each for a year. The first part ears 5%, the second 6% and the third 9%. Total interest from the investments was $3060. The interest from the first investment was 2 times the interest from the second. What are the amount of each of the three parts of the investment?

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Question

How would I set up and equation if I were to invest $40,000. If I split the investments into 3 parts, each for a

year. The first part ears 5%, the second 6% and the third 9%. Total interest from the investments was $3060. The interest from the first investment was 2 times the interest from the second. What are the amount of each of the three parts of the investment?

 
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