SOLUTION: A trust fund worth $44000 is invested in two different portfolios. This year, one portfolio is expected to earn 4.7% interest and the other is expected to earn 6.9%. Plans are for

Question 1151918: A trust fund worth $44000 is invested in two different portfolios. This year, one portfolio is expected to earn 4.7% interest and the other is expected to earn 6.9%. Plans are for the total interest on the fund to be $2,728.00 in one year. How much money should be invested at each rate?

Answer by josgarithmetic(39630) (Show Source): You can put this solution on YOUR website!
x at 4.7% and y at 6.9%

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