You inherit one million dollars. You invest it all in three accounts for one year....
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Algebra
You inherit one million dollars. You invest it all in three accounts for one year. The first account pays 4% compounded annually, the second account pays 5% compounded annually, and the third account pays 3 % compounded annually. After one year, you earn $44000 in interest. If you invest four times the money into the account that pays 4 % compared to 3%, how much did you invest in each account?
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