document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1074529>Question 1074529</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 1. An investor invested a total of $2,400 in two mutual funds. One fund earned a 8% profit while the other earned a 4% profit. if the investors total profit was $120, how much was invested in each mutual fund?\r<BR>\n" );
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document.write( "2. Mark deposited a total of 35,000 in two different CD's. One CD paid 4.25% annual interest, and the other paid 3.5% annual interest. At the end of one year, he had earned $1450 in interest from the two CD's. How much did mark invest in each CD? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #689333 by </B><A HREF=/tutors/aboutme.mpl?userid=ankor@dixie-net.com><B>ankor@dixie-net.com(22740)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ankor@dixie-net.com><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=ankor@dixie-net.com><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=689333\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\">  1. An investor invested a total of $2,400 in two mutual funds.<BR>\n" );
document.write( " One fund earned a 8% profit while the other earned a 4% profit.<BR>\n" );
document.write( " if the investors total profit was $120, how much was invested in each mutual fund?<BR>\n" );
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document.write( "let x = amt invested in mutual fund 1<BR>\n" );
document.write( "the total invested is 2400, therefore<BR>\n" );
document.write( "(2400-x) = amt invested in m.f. 2<BR>\n" );
document.write( "Fund 1 return + find 2 return = $120<BR>\n" );
document.write( ".08x + .04(2400-x) = 120<BR>\n" );
document.write( ".08x + 96 - .04x = 120<BR>\n" );
document.write( ".08x - .04x = 120 - 96<BR>\n" );
document.write( ".04x = 24<BR>\n" );
document.write( "x = 24/.04<BR>\n" );
document.write( "x = $600 invested at 8%<BR>\n" );
document.write( "then<BR>\n" );
document.write( "2400 - 600 = $1800 invested at 4%<BR>\n" );
document.write( "You can check this for yourself. Find the sum of the return on each<BR>\n" );
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document.write( "Do this problem exactly same way we did the first one  <BR>\n" );
document.write( " 2. Mark deposited a total of 35,000 in two different CD's. One CD paid 4.25% annual interest, and the other paid 3.5% annual interest. At the end of one year, he had earned $1450 in interest from the two CD's. How much did mark invest in each CD?   </SPAN>\n" );
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