SOLUTION: If $1500 is invested at 2% interest, how much money must be invested at 4% so that the total return for both investments is $100?

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Question 945954: If $1500 is invested at 2% interest, how much money
must be invested at 4% so that the total return for both
investments is $100?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
+.02%2A1500+=+30+
-------------------
+.04x+%2B+30+=+100+
+.04x+=+70+
+x+=+1750+
$1,750 must be invested at 4%