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Mathematics, 26.02.2020 23:53 sandlobster3129

Choco pies are cookies made from chocolate (c), sugar (s), and flour (f). Chocolate costs $5 per pound, sugar costs $3 per pound, and flour costs $2 per pound. You spend $50 on 18 pounds of food and buy twice as much flour as sugar.

Calvin wants to invest $12,000 in deposits. For tax purposes, he wants his total interest to be $600. He wants to put $1000 more in a 2-year deposit than in a 1-year deposit and invest the rest in a 3-year deposit. How much money should he invest in each deposit?

Number of Years
1

2

3

Rate
2.0%

5.0%

6.0%

1-year: $2200, 2-year: $3200, 3-year: $6600

1-year: $4000, 2-year: $5000, 3-year: $3000

1-year: $3200, 2-year: $4200, 3-year: $4600

1-year: $1000, 2-year: $2000, 3-year: $9000

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Answers: 2

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