document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=766087>Question 766087</A>: <I><SPAN STYLE=\"word-break: break-all;\"> An invester invested a total of $1,800 in two mutual funds. One fund earned a 6% profit and the other earned a 3% profit. If the invester's total profit was $90 how much was invested in each mutual fund\r<BR>\n" );
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document.write( "What I think was invested in the mutual fund with 6%= $630<BR>\n" );
document.write( "What I think was invested in the mutual fund with 3%= $1,170\r<BR>\n" );
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document.write( "am i correct or am I wrong if wrong help me understand please. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #466659 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><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/cgi-bin/show-face.mpl?user=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=466659\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Part I	6.00%		per annum	-------------	Amount invested =x	<BR>\n" );
document.write( "Part II	3.00%		per annum	------------	Amount invested = y	<BR>\n" );
document.write( "	1800					<BR>\n" );
document.write( "Interest-----	90.00					<BR>\n" );
document.write( "						<BR>\n" );
document.write( "Part I	6.00%		per annum	---x		<BR>\n" );
document.write( "Part II	3.00%		per annum	---y		<BR>\n" );
document.write( "Total investment						<BR>\n" );
document.write( "x	+	1	y=	1800	-------------1	<BR>\n" );
document.write( "Interest on both investments						<BR>\n" );
document.write( "6.00%	x	+	3.00%	y=	90	<BR>\n" );
document.write( "Multiply by		100				<BR>\n" );
document.write( "6	x	+	3	y=	9000.00	--------2<BR>\n" );
document.write( "Multiply (1) by			-6			<BR>\n" );
document.write( "we get						<BR>\n" );
document.write( "-6	x	-6	y=	-10800.00		<BR>\n" );
document.write( "Add this to (2)						<BR>\n" );
document.write( "0	x	-3	y=	-1800		<BR>\n" );
document.write( "divide by		-3				<BR>\n" );
document.write( "			y	=	600	<BR>\n" );
document.write( "Part I	6.00%	$	1200			<BR>\n" );
document.write( "Part II	3.00%	$	600			<BR>\n" );
document.write( "						<BR>\n" );
document.write( "CHECK						<BR>\n" );
document.write( "1200	---------	6.00%	-------	72.00		<BR>\n" );
document.write( "600	-------------	3.00%	-------	18.00		<BR>\n" );
document.write( "Total			--------------------	90.00		<BR>\n" );
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document.write( "m.ananth@hotmail.ca						<BR>\n" );
document.write( " </SPAN>\n" );
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