SOLUTION: An investor invested a total of $2,800 in two mutual funds. One fund earned 9% profit while the other earned a 5% profit. If the investors total profit was $180 how much was invest
Algebra.Com
Question 756597: An investor invested a total of $2,800 in two mutual funds. One fund earned 9% profit while the other earned a 5% profit. If the investors total profit was $180 how much was invested in each mutual fund?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Let = amount invested at 9%
= amount invested at 5%
-----------
given:
Amount invested at 9% is $1,000
Amount invested at 5% is $1,800
check:
OK
RELATED QUESTIONS
an investor invested a total of 2000 in two mutual funds. One fund earned 9% profit while (answered by ewatrrr)
An investor invested a total of $2,300 in two mutual funds. one fund earned a 9% profit... (answered by mananth)
An investor invested a total of 3000 in two mutual funds. one fund earned a 5% profit... (answered by addingup)
help please..
An investor invested a total of $2200 in two mutual funds. One fund... (answered by stanbon)
An investor invested a total of $2,200 in two mutual funds. One fund earned a 9% profit... (answered by josmiceli)
An investor invested a total of $2,500.00 in two mutual funds. one fund earned 9% of the... (answered by mananth,amalm06)
AN investor invested a total of %1,500 in two mutual funds. One fund earned a 4% profit... (answered by John10)
An investor invested a total of $1,300 in two mutual funds. One fund earned a 8% profit... (answered by John10)
an investor invested a total amount of $3,100 in two mutual funds. One fund earned a 5%... (answered by stanbon)