Question If I made an investment based on the following, what amount would each part equal? I made an investment of $108,000. The investment was split into three parts and lasted for one year. The first part of the investment earned 8% interest, the second 6%, and the third 9%. Total interest from the investments was$ 852. The interest from the first investment was 6 times the interest from the second. Find the amounts of the three parts of the investment.
Question
If I made an investment based on the following, what amount would each part equal? I made an investment of
$108,000. The investment was split into three parts and lasted for one year. The first part of the investment earned 8% interest, the second 6%, and the third 9%. Total interest from the investments was$ 852. The interest from the first investment was 6 times the interest from the second. Find the amounts of the three parts of the investment.