document.write( "Question 544381: Linda invested her savings in two investment funds. The amount she invested in Fund A was twice as much as the amount she invested in Fund B. Fund A returned a 7% profit and Fund B returned a 3% profit. How much did she invest in Fund A, if the total profit from the two funds together was $1700? \n" ); document.write( "
Algebra.Com's Answer #355107 by mananth(16946)![]() ![]() You can put this solution on YOUR website! Fund A 3.00% per annum ------------- x \n" ); document.write( "Fund B 7.00% per annum ------------ y= 2x \n" ); document.write( "Interest----- $1,700.00 \n" ); document.write( " \n" ); document.write( "3.00% x + 7.00% * 2 x = $1,700.00 \n" ); document.write( "0.03 x + 0.07 * 2 x = $1,700.00 \n" ); document.write( "0.03 x + 0.14 x = $1,700.00 \n" ); document.write( "0.17 x = $1,700.00 \n" ); document.write( "/ 0.17 \n" ); document.write( "x= $10,000.00 --- Fund A \n" ); document.write( "2 x = $20,000.00 Fund B \n" ); document.write( " \n" ); document.write( " CHECK \n" ); document.write( " $300.00 + $1,400.00 = $1,700.00\r \n" ); document.write( "\n" ); document.write( "m.ananth@hotmail.ca \n" ); document.write( " \n" ); document.write( " |