document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=630568>Question 630568</A>: <I><SPAN STYLE=\"word-break: break-all;\"> An investor invested a total of $1,300 in two mutual funds. One fund earned a 8% profit while the other earned a 5% profit. If the investor's total profit was $95, how much was invested in each mutual fund? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #396999 by </B><A HREF=/tutors/aboutme.mpl?userid=John10><B>John10(297)</B></A><img src=\"/images/stars/stars-09.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=John10><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/cgi-bin/show-face.mpl?user=John10><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=396999\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> An investor invested a total of $1,300 in two mutual funds. One fund earned a 8% profit while the other earned a 5% profit. If the investor's total profit was $95, how much was invested in each mutual fund?\r<BR>\n" );
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document.write( "Hi,\r<BR>\n" );
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document.write( "We will solve the linear system of two linear equations:\r<BR>\n" );
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document.write( "We will let x be the amount of 8% investment and y be the amount of 5% investment\r<BR>\n" );
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document.write( "Equation 1: x + y = 1300 (total invested money)<BR>\n" );
document.write( "Equation 2: 0.08x + 0.05y = 95 (total interest of both investments)\r<BR>\n" );
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document.write( "Solve the linear system and you will find your answers:)\r<BR>\n" );
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document.write( "John10 </SPAN>\n" );
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