SOLUTION: A man invests 1/3 of his capital at 3% and the remainder at 4%. What is the capital if his total income is 44 000?

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Question 507837: A man invests 1/3 of his capital at 3% and the remainder at 4%. What is the capital if his total income is 44 000?
Answer by josmiceli(19441)   (Show Source): You can put this solution on YOUR website!
Let = his capital
given:
income from investments:


Multiply both sides by



His capital was $ 1.2 million

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