document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=696677>Question 696677</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Can anyone help me solve this problem ? I have no idea how to do it. An investor invested a total of $1,900 in two mutual funds, one fund earned a 7% profit, while the other earned a 4% profit. If the investor's total profit was $97, how much was invested into each mutual fund?\r<BR>\n" );
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document.write( "Amount invested into mutual fund that earned 7% -<BR>\n" );
document.write( "Amount invested into mutual fund that earned  4%- </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #429233 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=429233\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Can anyone help me solve this problem ? I have no idea how to do it. An investor invested a total of $1,900 in two mutual funds, one fund earned a 7% profit, while the other earned a 4% profit. If the investor's total profit was $97, how much was invested into each mutual fund?<BR>\n" );
document.write( "Principal  Equation: a + b = 1900<BR>\n" );
document.write( "Interest Equation: 7a + 4b = 9700<BR>\n" );
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document.write( "Multiply thru 1st by 4<BR>\n" );
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document.write( "4a + 4b = 4*1900<BR>\n" );
document.write( "7a + 4b = 9700<BR>\n" );
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document.write( "Subtract and solve for \"a\":<BR>\n" );
document.write( "3a = 2100<BR>\n" );
document.write( "a = 700 (amt. invested at 7%<BR>\n" );
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document.write( "Solve for \"b\":<BR>\n" );
document.write( "a + b = 1900<BR>\n" );
document.write( "700 + b = 1900<BR>\n" );
document.write( "b = 1200 (amt. invested at 4%<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H. <BR>\n" );
document.write( "Amount invested into mutual fund that earned 7% -<BR>\n" );
document.write( "Amount invested into mutual fund that earned 4%-<BR>\n" );
document.write( " </SPAN>\n" );
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