document.write( "Question 1062286: An investor invested a total of $3,000 in two mutual funds. One fund earned a 7% profit while the other earned a 2% profit. If the investor's total profit was $130, how much was invested in each mutual fund? \n" ); document.write( "
Algebra.Com's Answer #677149 by josgarithmetic(39633) ![]() You can put this solution on YOUR website! Two quantities, x and y. \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The x quantity gave 2% profit. \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The y quantity gave 7% profit, \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Total amount of profit was 130 dollars. \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "SYSTEM OF LINEAR EQUATIONS \n" ); document.write( " \n" ); document.write( "If you are comfortable solving this kind of system, then you can continue from here. \n" ); document.write( " |