document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=696839>Question 696839</A>: <I><SPAN STYLE=\"word-break: break-all;\"> an investor invest 2800 dollars into two mutual funds one has a profit of 5% the other has 2%, the total profit is 80, how much was invested in each fund.\r<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 #429374 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=429374\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\">  an investor invest 2800 dollars into two mutual funds one has a profit of 5% the other has 2%, the total profit is 80, how much was invested in each fund. <BR>\n" );
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document.write( "Equations:<BR>\n" );
document.write( "Quantity: a + b = 2800 dollars<BR>\n" );
document.write( "Interest:5a + 2b = 8000<BR>\n" );
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document.write( "Multiply thru the Quantity Equation by 2:<BR>\n" );
document.write( "2a + 2b = 2*2800<BR>\n" );
document.write( "5a + 2b = 8000<BR>\n" );
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document.write( "Subtract and solve for \"a\":<BR>\n" );
document.write( "3a = 2400<BR>\n" );
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document.write( "s = 800 (amt. invested at 5%)<BR>\n" );
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document.write( "Solve for \"a\":<BR>\n" );
document.write( "a+b = 2800<BR>\n" );
document.write( "a + 800 = 2800<BR>\n" );
document.write( "a = 2000 (amt. invested at 2%)<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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