document.write( "Question 773974: An investor invested a total of 2,000 in two mutual funds. One fund earned a 8% profit while the other earned 4% profit. If the investor total profit was $92, how much was invested in each mutual fund? \n" ); document.write( "

Algebra.Com's Answer #471986 by josmiceli(19441) $\"\"$ $\"About$

You can put this solution on YOUR website!
Let $\"+x+\"$ = amount invested in 8% profit fund
\n" ); document.write( " $\"+2000+-+x+\"$ = amount invested in 4% profit fund
\n" ); document.write( "-----------------
\n" ); document.write( " $\"+.08x+%2B+.04%2A%28+2000+-+x+%29+=+92+\"$
\n" ); document.write( " $\"+.08x+%2B+80+-+.04x+=+92+\"$
\n" ); document.write( " $\"+.04x+=+12+\"$
\n" ); document.write( " $\"+x+=+300+\"$
\n" ); document.write( " $\"+2000+-+300+=+1700+\"$
\n" ); document.write( "$300 was invested in 8% profit fund
\n" ); document.write( "$1700 was invested in 4% profit fund
\n" ); document.write( "------------
\n" ); document.write( "check:
\n" ); document.write( " $\"+.08%2A300+%2B+.04%2A1700+=+92+\"$
\n" ); document.write( " $\"+24+%2B+68+=+92+\"$
\n" ); document.write( " $\"+92+=+92+\"$
\n" ); document.write( "OK \n" ); document.write( "

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