document.write( "Question 474203: Diane invested her savings in two investment funds. The amount she invested in Fund A was $8,000 less than the amount she invested in Fund B. Fund A returned a 5% profit and Fund B returned a 4% profit. How much did she invest in Fund B, if the total profit from the two funds together was $1040?
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Algebra.Com's Answer #325239 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Diane invested her savings in two investment funds. The amount she invested in Fund A was $8,000 less than the amount she invested in Fund B. Fund A returned a 5% profit and Fund B returned a 4% profit. How much did she invest in Fund B, if the total profit from the two funds together was $1040? \r \n" ); document.write( "\n" ); document.write( "---- \n" ); document.write( "Equations: \n" ); document.write( "A = B - 8000 \n" ); document.write( "5A +4B = 104000 \n" ); document.write( "--------------------------- \n" ); document.write( "Multiply thru 1st equation by 5: \n" ); document.write( "5A -5B = -40000 \n" ); document.write( "5A + 4B= 104000 \n" ); document.write( "----- \n" ); document.write( "Subtract and solve for \"B\": \n" ); document.write( "9B = 144000 \n" ); document.write( "B = $16000 (amt. invested in B)\r \n" ); document.write( "\n" ); document.write( "========================================= \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "============ \n" ); document.write( " |