document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=702306>Question 702306</A>: <I><SPAN STYLE=\"word-break: break-all;\"> <BR>\n" );
document.write( "An investor invested a total of $2,500 in two mutual funds. One earned a 4% profit while the other earned a 2% profit. If the investor's total profit was $88, 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 #432889 by </B><A HREF=/tutors/aboutme.mpl?userid=checkley79><B>checkley79(3341)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=checkley79><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=432889\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .04x+.02(2500-x)=88<BR>\n" );
document.write( ".04x+50-.02x=88<BR>\n" );
document.write( ".02x=88-50<BR>\n" );
document.write( ".02x=38<BR>\n" );
document.write( "x=38/.02<BR>\n" );
document.write( "x=$1900 amount invested @ 4%.<BR>\n" );
document.write( "2500-1900=$600 invested @ 2%.<BR>\n" );
document.write( "Proof:<BR>\n" );
document.write( ".04*1900+.02*600=88<BR>\n" );
document.write( "76+12=88<BR>\n" );
document.write( "88=88<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );