document.write( "Question 929968: Manuel invested his savings in two investment funds. The $12,000 that he invested in Fund A returned a 1% profit. The amount that he invested in Fund B returned a 5% profit. How much did he invest in Fund B, if both funds together returned a 2% profit? \n" ); document.write( "
Algebra.Com's Answer #564614 by ewatrrr(24785)![]() ![]() You can put this solution on YOUR website! x the Fund B amount \n" ); document.write( ".05x + .01(12000 - x) = .02(12000) \n" ); document.write( "x = .01(12000)/.04 = $3000 \n" ); document.write( " |