Liam invested some money in the Abernathy Fund and $2,498 more than that amount in the Carlson Fund. For the year he was in these funds, the Abernathy fund paid 6% simple interest and the Carlson Fund paid 14% simple interest. If the income from the two funds totalled $2,250.12, then how much was invested in each fund?

Question

Quizplus · Accepted Answer

The Answer is $9,502 in Abernathy and $12,000 in Carlson

Liam Invested Some Money in the Abernathy Fund and $2,498