SOLUTION: A man invested $5,000 in two mutual funds. Last year one of the funds went up by 7% and the other fund went down by 4%. If his portfolio increased in value by $130 last year, how m

Question 843877: A man invested $5,000 in two mutual funds. Last year one of the funds went up by 7% and the other fund went down by 4%. If his portfolio increased in value by $130 last year, how much did he invest in the fund that earned a 7% profit?
Answer by smith123(15) (Show Source): You can put this solution on YOUR website!
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