Two bonds funds pay interest at rates of 3% money invested for one year in the first fund earns $360 interest. the same amount invested in the other fund earns $480. find the lower rate of interest.

a = interest rate for first bond.

b = interest rate for second bond.

we know the rates add up to 3%, so a + b = 3.

we also know that investing the same amount hmm say $X gives us the amounts of 360 and 480 respectively.

let's recall that to get a percentage of something we simply

so then, "a percent" of X is just (a/100)X = 360.

and "b percent" of X is just (b/100)X = 480.

idk im srry

step-by-step explanation:

according to egenuity the answer is

step-by-step explanation:

d. 344.22