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A government worker has 2 funds dedicated for retirement that total $30,000. One fund is invested in government securities and earns 6%, and the other fund is invested in commercial real estate that currently earns 8%. If it is known that the government securities investment is earning $350 more in annual interest than the real estate investment, how much money does the worker have in each of these investments?

14 Jul

A government worker has 2 funds dedicated for retirement that total $30,000. One fund is invested in government securities and earns 6%, and the other fund is invested in commercial real estate that currently earns 8%. If it is known that the government securities investment is earning $350 more in annual interest than the real estate investment, how much money does the worker have in each of these investments?

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