document.write( "Question 712900: \r
\n" ); document.write( "\n" ); document.write( "An investor invested a total of 2400 in two mutual funds. One fund earned a 9% profit while the other earned 4% profit. If the investor's total was $161, how much was invested in each mutual fund?
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Algebra.Com's Answer #438212 by checkley79(3341)\"\" \"About 
You can put this solution on YOUR website!
.09x+.04(2400-x)=161
\n" ); document.write( ".09x+96-.04x=161
\n" ); document.write( ".05x=161-96
\n" ); document.write( ".05x=65
\n" ); document.write( "x=65/.05
\n" ); document.write( "x=$1,300 was invested @ 9%.
\n" ); document.write( "2400-1300=$1100 invested @ 4%.
\n" ); document.write( "Proof:
\n" ); document.write( ".09*1300+.04*1100=161
\n" ); document.write( "117+44=161
\n" ); document.write( "161=161
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