document.write( "Question 684102: An investor invested a total of $2,500 in two mutual funds. One fund earned a 9% profit while the other earned a 3% profit. If the investor's total profit was $159, how much was invested in each mutual fund?\r
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document.write( " the amount invested in the mutual fund that earned 9% is\r
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document.write( " the amount invested in the mutual fund that earned 3% is \n" );
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Algebra.Com's Answer #423899 by ReadingBoosters(3246)![]() ![]() ![]() You can put this solution on YOUR website! x+y = 2500 \n" ); document.write( ".09x + .03y = 159 \n" ); document.write( "... \n" ); document.write( "x = 2500 - y \n" ); document.write( "... \n" ); document.write( ".09(2500-y) + .03y = 159 \n" ); document.write( "225 - .09y + .03y = 159 \n" ); document.write( "-.06y = 159-225 \n" ); document.write( "-.06y = -66 \n" ); document.write( "y = $1,100 at 3% \n" ); document.write( "... \n" ); document.write( "x = 2500 - 1100 = $1,400 at 9% \n" ); document.write( "..................... \n" ); document.write( "Have more questions? \n" ); document.write( "Email: HomeworkHelpers@readingboosters.com \n" ); document.write( "Delighted to help. \n" ); document.write( "-Reading Boosters \n" ); document.write( "Website: www.MyHomeworkAnswers.com \n" ); document.write( "Wanting for others what we want for ourselves. \n" ); document.write( " \n" ); document.write( " |