document.write( "Question 768582: An investor invested a total of $700 in two mutual funds. One fund earned a 7% profit while the other earned a 2% profit. If the investor's total profit was $39, how much was invested in each mutual fund? \n" ); document.write( "
Algebra.Com's Answer #468380 by oscargut(2103)\"\" \"About 
You can put this solution on YOUR website!
An investor invested a total of $700 in two mutual funds. One fund earned a 7% profit while the other earned a 2% profit. If the investor's total profit was $39, how much was invested in each mutual fund?\r
\n" ); document.write( "\n" ); document.write( "x+y = 700\r
\n" ); document.write( "\n" ); document.write( "0.07x+0.02y = 39\r
\n" ); document.write( "\n" ); document.write( "solving it\r
\n" ); document.write( "\n" ); document.write( "x = 500 and y = 200\r
\n" ); document.write( "\n" ); document.write( "You can ask me more at: mthman@gmail.com\r
\n" ); document.write( "\n" ); document.write( "Thanks
\n" ); document.write( "
\n" ); document.write( "
\n" );