Mathematics, 11.04.2020 23:26 loveuncondition
John inherited $25,000 and invested part of it in a money market account, part in municipal bonds, and part in a mutual fund. After one year, he received a total of $1,620 in simple interest from the three investments. The money market paid 6% annually, the bonds paid 7% annually, and the mutually fund paid 8% annually. There was $6,000 more invested in the bonds than the mutual funds. Find the amount John invested in each category.
Select the appropriate response
A) x=2 y=-1 z=3
B) x=$15,000 y= $8,000 z=$2,000
C) x=-3 y=5 z=2
Answers: 1
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