Shawn invested one half of his savings in a bond that paid…

Shawn invested one half of his savings in a bond that paid simple interest for 2 years and received $500 as interest. He invested the remaining in a bond that paid compound interest, interest being compounded annually, for the same 2 years at the same rate of interest and received $555 as interest. What was the value of his total savings before investing in these two bonds?

This problem repeats another one in the library (at most with different numbers), so it's left out of browsing.

AQuA-RAT — Algebra Question Answering with Rationales (Ling et al., DeepMind, 2017) · train #34964