document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1095976>Question 1095976</A>: <I><SPAN STYLE=\"word-break: break-all;\"> an investor invested a total of 2300 in two mutual funds.one fundearned a 4% profit while the other earned a 2%. if the investors total profits were $56, how much were invested in each mutual fund? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #710435 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><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=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=710435\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> MFund1=x<BR>\n" );
document.write( "MFund2=2300-x<BR>\n" );
document.write( "interest on the first is .04x<BR>\n" );
document.write( "interest on the second is .02(2300-x)<BR>\n" );
document.write( "They add to 56<BR>\n" );
document.write( ".04x+46-.02x=56<BR>\n" );
document.write( ".02x=10<BR>\n" );
document.write( "x=$500 in MFund1 @4%=$20<BR>\n" );
document.write( "2300-x=$1800 in MFund2 @2%=$36<BR>\n" );
document.write( "They add to $56. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );