SOLUTION: 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 comma 0471,047. This
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Question 1137299: 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 comma 0471,047. This year, the first fund paid a 10% dividend and the second only 1%, and you received a total of $860860. How much money did you invest in each fund?
Answer by ikleyn(52787) (Show Source): You can put this solution on YOUR website!
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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 comma 0471,047. This year, the first fund paid a 10% dividend and the second only 1%,
and you received a total of $860860. How much money did you invest in each fund?
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" $1 comma 0471,047 " makes no sense.
Fix; then re-post.
Please use standard commonly accepted way to present numbers, avoiding this "Morse alphabet coding" style.
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