A total of $150,000 was invested in two different projects identified as A1 and 82. If the overall rate of return on the $150,000 was 25% and the rate of retum on the $30,000 invested in A1 was 15%, what was the rate of retum on B2? 2.75% 27.5% 72.7% 36.4%

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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A total of $150,000 was invested in two different projects identified as A1 and B2. If the overall rate of return on the $150,000 was 25% and the rate of retum on the $30,000
invested in A1 was 15%, what was the rate of return on 827
2.75%
27.5%
72.7%
36.4%
Transcribed Image Text:A total of $150,000 was invested in two different projects identified as A1 and B2. If the overall rate of return on the $150,000 was 25% and the rate of retum on the $30,000 invested in A1 was 15%, what was the rate of return on 827 2.75% 27.5% 72.7% 36.4%
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