document.write( "Question 347199: Debra invested her savings in two investment funds. The amount she invested in Fund A was 3 times as much as the amount she invested in Fund B. Fund A returned a 4% profit and Fund B returned a 5% profit. How much did she invest in Fund A, if the total profit from the two funds together was 2280? \n" ); document.write( "
Algebra.Com's Answer #248360 by ankor@dixie-net.com(22740)![]() ![]() You can put this solution on YOUR website! Debra invested her savings in two investment funds. \n" ); document.write( " The amount she invested in Fund A was 3 times as much as the amount she invested in Fund B. \n" ); document.write( " Fund A returned a 4% profit and Fund B returned a 5% profit. \n" ); document.write( " How much did she invest in Fund A, if the total profit from the two funds together was 2280? \n" ); document.write( ": \n" ); document.write( "Let x = amt invested in fund B \n" ); document.write( "then \n" ); document.write( "3x = amt invested in fund A \n" ); document.write( ": \n" ); document.write( "Total interest equation \n" ); document.write( ".05x + .04(3x) = 2280 \n" ); document.write( ".05x + .12x = 2280 \n" ); document.write( ".17x = 2280 \n" ); document.write( "x = \n" ); document.write( "x = 13411.76 in fund B \n" ); document.write( "and \n" ); document.write( "3(13411.76) = $40,235.29 in fund A \n" ); document.write( "; \n" ); document.write( ": \n" ); document.write( "Check these values, find the total interest \n" ); document.write( ".04(40235.29) + .05(13411.76) = \n" ); document.write( "1609.41 + 670.59 = 2280, confirms our solutions \n" ); document.write( " |