Retirement account and donated the rest

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Marguerite inherited $55,000 and invested part of it in her retirement account and donated the rest to a local soup kitchen. The amount of the investment was $3000 less than four times the amount of the donation. How much did Marguerite invest in her retirement account and how much did she donate to the soup kitchen?

Reference no: EM131396856

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Retirement account and donated the rest : Marguerite inherited $55,000 and invested part of it in her retirement account and donated the rest to a local soup kitchen. The amount of the investment was $3000 less than four times the amount of the donation. How much did Marguerite invest in ..
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