document.write( "Question 866129: Mai invested her savings in two investment funds. The amount she invested in Fund A was 4000 less than the amount she invested in Fund B. Fund A returned a 2% profit and Fund B returned a 7% profit. How much did she invest in Fund A, if the total profit from the two funds together was $1360? \n" ); document.write( "
Algebra.Com's Answer #522101 by mananth(16946)![]() ![]() You can put this solution on YOUR website! x= Investment in B \n" ); document.write( "y= Investment in A \n" ); document.write( " \n" ); document.write( "1.00 x -1.00 y = 4,000.00 .............1 \n" ); document.write( "Total value \n" ); document.write( ".07 x .02 y = 1,360.00 .............2 \n" ); document.write( "Eliminate y \n" ); document.write( "multiply (1)by 1.00 \n" ); document.write( "Multiply (2) by 50.00 \n" ); document.write( "1.00 x -1.00 y = 4,000.00 \n" ); document.write( "3.50 x + 1.00 y = 68,000.00 \n" ); document.write( "Add the two equations \n" ); document.write( "4.50 x = 72,000.00 \n" ); document.write( "/ 4.50 \n" ); document.write( "x = 16,000.00 \n" ); document.write( "plug value of x in (1) \n" ); document.write( "1.00 x -1.00 y = 4,000.00 \n" ); document.write( "16,000.00 -1.00 y = 4,000.00 \n" ); document.write( " -1.00 y = 4,000.00 -16,000.00 \n" ); document.write( " -1.00 y = -12,000.00 \n" ); document.write( " y = 12,000.00 \n" ); document.write( "x= 16,000.00 Investment in B \n" ); document.write( "y= 12,000.00 Investment in A \n" ); document.write( "m.ananth@hotmail.ca \n" ); document.write( " \n" ); document.write( " |