document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=731878>Question 731878</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A investor invest a total of $2000 in two mutual funds. One earned a profit of 4% while the other earned 2%. His total profit was 56$ How much money did he put in each one? I am having trouble finding a formula for this problem </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #447335 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=447335\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A investor invest a total of $2000 in two mutual funds. One earned a profit of 4% while the other earned 2%. His total profit was 56$ How much money did he put in each one? <BR>\n" );
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document.write( "Quantity Equation:  x + y = 2000<BR>\n" );
document.write( "Interest Equation: 4x +2y = 5600<BR>\n" );
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document.write( "Modify:<BR>\n" );
document.write( "2x + 2y = 4000<BR>\n" );
document.write( "4x + 2y = 5600<BR>\n" );
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document.write( "Subtract and solve for \"x\":<BR>\n" );
document.write( "2x = 1600<BR>\n" );
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document.write( "x =  $800 (amt. invested at 4%)<BR>\n" );
document.write( "y = $1200 (amt. invested at 2%)<BR>\n" );
document.write( "=================<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );