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?
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