Question

Mia wants to deposit $3,886 into savings accounts at three different banks: Bank of the US, 7/4 Bank, and Catch Bank. She will deposit three times as much into Bank of the US as 7/4 Bank because they offer a higher interest rate. She also expects the Catch Bank deposit to be 45% of the total of the other two deposits. How much will Mia deposit into the Catch Bank savings account?

I need someone to help show me how to figure this out. I know it involves substitution.

Answer 1

what are u stuck on

Answer 2

Well I already have my equations set up.

U+S+C = $3,886
U=3S
C=45%(U+S)

Are they okay?

Answer 3

yep solve it

Answer 4

you want an equation with only 1 unknown in the first equation so u can solve it