https://www.topgradeaccountants.com/wp-content/uploads/2020/07/LOGO-TG1.png 0 0 milton https://www.topgradeaccountants.com/wp-content/uploads/2020/07/LOGO-TG1.png milton2020-09-08 00:56:362020-09-08 00:56:36Investment A trust account manager has $1,000,000 to be invested in three different accounts. The... 1 answer below »
InvestmentA trust account manager has $1,000,000 to be invested in three different accounts. The accounts pay 6%, 8%, and 10%, and the goal is to earn $86,000 with the amount invested at 10% equal to the sum of the other two investments. To accomplish this, assume that x dollars are invested at 8%, y dollars at 10%, and z dollars at 6%. Find how much should be invested in each account to satisfy the conditions.