WRITE and SOLVE a system of equations to obtain the desired information. After a legal settlement, the clientâs portion of the award was three (3) times as much money as the attorneyâs portion. If the total award was $20,000, how much did the client get? Be sure to indicate what the variables stand for.
1. Write an appropriate system of equations to solve the following problem. Be sure to indicate what the variables stand for. Be sure to indicate what the variables stand for. Do not solve the system. Suppose you receive a total of $1,520 a year in interest from three investments. The interest raters for the three investments are 5%, 7%, and 8%. The 5% investment is half of the 7% investment, and the 7% investment is $1,500 less than the 8% investment. What is the amount of each investment?
WRITE and SOLVE a system of equations to obtain the desired information. After a legal settlement, the clientâs portion of the award was three (3) times as much money as the attorneyâs portion. If the total award was $20,000, how much did the client get? Be sure to indicate what the variables stand for.
1. Write an appropriate system of equations to solve the following problem. Be sure to indicate what the variables stand for. Be sure to indicate what the variables stand for. Do not solve the system. Suppose you receive a total of $1,520 a year in interest from three investments. The interest raters for the three investments are 5%, 7%, and 8%. The 5% investment is half of the 7% investment, and the 7% investment is $1,500 less than the 8% investment. What is the amount of each investment?