Question

**MEDAL AWARDED FOR BEST RESPONSE***




Mia wants to deposit $5,535 into savings accounts at three different banks: Southern Bank, 3rd State Bank, and Clutch Bank. She will deposit four times as much into Southern Bank as 3rd State Bank because they offer a higher interest rate. She also expects the Clutch Bank deposit to be 35% of the total of the other two deposits. How much will Mia deposit into the Clutch Bank savings account?

$3,280

$820

$1,640

$1,435


Also, please don't copy and paste an answer from yahoo, thanks :)

Answer 1

let x = amount deposited into the Clutch Bank
y = 3rd State Bank deposit
4y = Southern bank deposit

x = 5535 - 5y
and
x = 0.35(5y)

5535 - 5y = 0.35(5y)
5535 - 5y = 1.75y
5535 = 6.75y
y = 820

x = 1435

Answer 2

Yahoo?

Answer 3

yep !

Answer 4

lol I didn't read Also, please don't copy and paste an answer from yahoo, thanks :)

Answer 5

Hahah okay, thanks anyways!