Solve the problem.Meisha has $25,000 that she wants to invest. She invests it in accounts paying 12%, 7%, and 6% simple interest. The account paying 12% is a higher-risk account, so she wants the amount in that account to be half of the amount she has in the account paying 6% simple interest. If her annual interest is $1945, how much is invested at each rate?

Question

What will be an ideal response?

Answer 1

$6500 at 12%, $5500 at 7%, $13,000 at 6%