Solve.
-Melissa invested a sum of money at 3% annual simple interest. She invested three times that sum at 5% annual simple interest. If her total yearly interest from both investments was $3600, how much
Was invested at 3%?
A) $15,000
B) $20,000
C) $45,000
D) $135,000

Question

Quizplus · Accepted Answer

The Answer of Solve.
-Melissa invested a sum of money at 3% annual simple interest. She invested three times that sum at 5% annual simple interest. If her total yearly interest from both investments was $3600, how much
Was invested at 3%?
A) $15,000
B) $20,000
C) $45,000
D) $135,000

Solve. -Melissa Invested a Sum of Money at 3% Annual Simple