Raymond B. answered 05/04/21
Math, microeconomics or criminal justice
.05X + .04(X+2) = .67 measured with units of $1000
.09X = .67-.08 = .59
X = .59/.09 = 6.555...= $6,555.56 invested at 5%
X+2 = 8.555 = $8,555.55 invested at 4%
total invested = $15,111.11
5% of 6 5/9 = .05(59/9) = 59/180 = .32777...
4% of 8 5/9 = .04(77/9) = 77/225 = .34222.
.32777 + .34222 = .67 = $670
670/15,111.111 = 4.43% return, slightly less than the average of 4 and 5% because more was invested at 4%
.03(2x) + .04(x) = 140
.06x +.04x = 140
.1x = 140
x = 140/.1 = $1400 invested at 4%
2x = $2800 invested at 3%
.04(1.4) +.03(2.8) using units of $1000
= .056 + .084 = .140 = $140