SOLUTION: I need help please Sam invested a certain amount of money at 2.5% and $1800 more at 4%. The annual interest that he earned was $150. How much did he invest at 4%?

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Question 839029: I need help please
Sam invested a certain amount of money at 2.5% and $1800 more at 4%. The annual interest that he earned was $150. How much did he invest at 4%?

Answer by ewatrrr(24785)   (Show Source): You can put this solution on YOUR website!
 
Hi,
Sam invested a certain amount of money at 2.5% and $1800 more at 4%.
Question states***The annual interest that he earned was $150.
***


x = $1200, amt at 2.5%
Amount invested at 4% was $3000. ($1200+ $1800)
CHECKING our answer***
= $30 + $120 = $150
Wish You the Best in your Studies.

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