SOLUTION: A man has $5000 to invest. He invests part of it at 4 per cent, and the rest at 3 per cent. His total income from both investments is $300. How much has he invested at 4%?
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Question 902279: A man has $5000 to invest. He invests part of it at 4 per cent, and the rest at 3 per cent. His total income from both investments is $300. How much has he invested at 4%?
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
It isn't possible. Even if all the money were invested at 4% the interest would only be $200 dollars
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