document.write( "Question 341741: susan Mariano invested part of her $27000 bonus in a fund that paid an 11% profit and invested the rest in stock that suffered a 3% loss. Find the amount of each investment if her overall profit was $1990 \n" ); document.write( "
Algebra.Com's Answer #244678 by checkley77(12844)![]() ![]() ![]() You can put this solution on YOUR website! .11X-.03(27,000-X)=1,990 \n" ); document.write( ".11X-810+.03X=1,990 \n" ); document.write( ".14X=1,990+810 \n" ); document.write( ".14X=2,800 \n" ); document.write( "X=2,800/.14 \n" ); document.write( "X=$20,000 amount invested @ 11% \n" ); document.write( "27,000-20,000=$7,000 invested @ 3% \n" ); document.write( "Proof: \n" ); document.write( ".11*20,000-.03*7,000=1,990 \n" ); document.write( "2,200-210=1,990 \n" ); document.write( "1,990=1,990 \n" ); document.write( " |