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%?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> 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%?      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



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) About Me  (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