Sheila wants to deposit $2,145 into savings accounts at three different banks: Bank of the US, 7/4 Bank, and Catch Bank. She will deposit five times as much into Catch Bank as 7/4 Bank because they offer a higher interest rate. She also expects the Bank of the US deposit to be 30% of the total of the other two deposits. How much will Sheila deposit into the Bank of the US savings account?
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Home » Mathematics » Sheila wants to deposit $2,145 into savings accounts at three different banks: Bank of the US, 7/4 Bank, and Catch Bank. She will deposit five times as much into Catch Bank as 7/4 Bank because they offer a higher interest rate.