document.write( "Question 438861: You had $50,000 to invest. the two funds you decided to invest in are the You-Risk-It Fund that yields 14% interest and the extra-dull fund that yields 6% interest. you earned $4,500 in interest income this year. How much did you invest in each fund? \n" ); document.write( "
Algebra.Com's Answer #316669 by jorel1380(3719)![]() ![]() You can put this solution on YOUR website! r+s=50000 \n" ); document.write( ".14r+.06s=4500 \n" ); document.write( "14r+6s=450000 \n" ); document.write( "6r+6s=300000 \n" ); document.write( "8r=150000 \n" ); document.write( "r=18750 \n" ); document.write( "s=31250 \n" ); document.write( "You invested $18750 in the You-Risk-It fund, and $31250 in the extra-dull fund.. \n" ); document.write( " |