SOLUTION: Cannot solve this problem on my own. Help!
You invested money in two funds. Last year, the first fund paid a dividend of 9% and the second a dividend of 3%, and you received a t
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Question 1174868: Cannot solve this problem on my own. Help!
You invested money in two funds. Last year, the first fund paid a dividend of 9% and the second a dividend of 3%, and you received a total of $1,068. This year, the first fund paid a 10% dividend and the second only 1%, and you received a total of $874. How much money did you invest in each fund?
How much money did you invest in EACH fund?
Fund 1:
Fund 2:
Answer by Solver92311(821) (Show Source): You can put this solution on YOUR website!
Solve the 2X2 system for 
and 
John
My calculator said it, I believe it, that settles it
From
I > Ø
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