First, let's find how much Sam saved per year:
First year: x
Second year: 5/2x - 2000
Third year: 1/5x + 1000
Second, let's find how much Sally saved per year:
First year: 3/2x - 1000
Second year: 2x - 1500
Third year: 1/4x + 1400
Since they save the same amount of money after the three years:
Now, let's put the terms with x in one side of the equation the terms without x in the other side.
Solving the operations and using 20 as the common denominator:
Since both sides have the same denominator, we can remove them:
Sam saved $2000 in the first year.
Now, let's find out how much Sally invested in the third year.
Third year: 1/4x + 1400
Then,
Sally invested $1900 the last year.
Answer:
Sam saved $2000 in the first year.
Sally invested $1900 the last year.