Raymond B. answered 09/17/20
Math, microeconomics or criminal justice
.07(25,000) + .04(x) = 2310
Let K = 1000 dollars
.07(25K) + .04x = 2310
multiply both sides by 100
7(25K) + 4x = 231000 = 231K
175K + 4x = 231K
4x = (231-175)K = 56K
x = 56K/4 = 14K = $14,000 invested at 4% interest