Answer:
C
Step-by-step explanation:
B) $1,400 at 2%; $2,200 at 4%
C) $1,000 at 2%; $1,800 at 4%
Answer: Option 'C' is correct.
Step-by-step explanation:
Since we have given that
Let the principal amount be 'x'.
First rate of interest = 2%
Second rate of interest = 4%
Number of years = 1
Amount of interest he earned = $92
According to question,
So, First investment of $1000 at 2% and Second investment of $1000+$800=$1800 at 4%.
Hence, Option 'C' is correct.