document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=911061>Question 911061</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Miguel invested his savings in two investment funds. The amount he invested in fund A was 3x as much as the amount he invested in fund B. Fund A returned a 7% profit and fund B returned a 2% profit. How much did he invest in fund B, if the total profit from two funds together was $2070? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #552855 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=552855\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Miguel invested his savings in two investment funds.\r<BR>\n" );
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document.write( " The amount he invested in fund A was 3x as much as the amount he invested in fund B......................x\r<BR>\n" );
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document.write( " Fund A returned a 7% = 7%(3x)<BR>\n" );
document.write( "profit and fund B returned a 2% 2%(x)profit.\r<BR>\n" );
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document.write( " profit from two funds together was $2070\r<BR>\n" );
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document.write( "2%x+7%(3x)=2070\r<BR>\n" );
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document.write( "multiply by 100<BR>\n" );
document.write( "2x+7x=207000\r<BR>\n" );
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document.write( "9x=207000<BR>\n" );
document.write( "/9<BR>\n" );
document.write( "x=23000\r<BR>\n" );
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document.write( "3*23,000 = 69,000\r<BR>\n" );
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document.write( "$23,000 at 2%<BR>\n" );
document.write( "$69,000 at 7% </SPAN>\n" );
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