document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=526346>Question 526346</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Sung invested his savings in two investment funds. The amount he invested in Fund A was 4 times as much as the amount he invested in Fund B. Fund A returned a 2% profit and Fund B returned a 4% profit. How much did he invest in Fund A, if the total profit from the two funds together was $1440? \r<BR>\n" );
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document.write( "I do not get this problem help please?<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #348441 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=348441\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Sung invested his savings in two investment funds. The amount he invested in Fund A was 4 times as much as the amount he invested in Fund B. Fund A returned a 2% profit and Fund B returned a 4% profit. How much did he invest in Fund A, if the total profit from the two funds together was $1440? <BR>\n" );
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document.write( "Let amt. invested in B = \"x\".<BR>\n" );
document.write( "The amt. invested in A = \"4x\"<BR>\n" );
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document.write( "Equation:<BR>\n" );
document.write( "interest + interest = interest<BR>\n" );
document.write( "0.02(4x) + 0.04(x) = 1440<BR>\n" );
document.write( "Multiply thru by 100 to get:<BR>\n" );
document.write( "2(4x) + 4(x) = 144000<BR>\n" );
document.write( "12x = 144000<BR>\n" );
document.write( "x = $12,000 (amt invested in B)<BR>\n" );
document.write( "4x = $48,000 (amt. invested in A)<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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