document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1103832>Question 1103832</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Charlie invested his savings in two investment funds. The <BR>\n" );
document.write( "$4000<BR>\n" );
document.write( " that he invested in Fund A returned a <BR>\n" );
document.write( "2%<BR>\n" );
document.write( " profit. The amount that he invested in Fund B returned a <BR>\n" );
document.write( "5%<BR>\n" );
document.write( " profit. How much did he invest in Fund B, if both funds together returned a <BR>\n" );
document.write( "3%<BR>\n" );
document.write( " profit?  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #718532 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52824)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ikleyn><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=ikleyn><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=718532\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .<BR>\n" );
document.write( "Charlie invested his savings in two investment funds. <BR>\n" );
document.write( "The $4000 that he invested in Fund A returned a 2% profit. <BR>\n" );
document.write( "The amount that he invested in Fund B returned a 5% profit. <BR>\n" );
document.write( "How much did he invest in Fund B, if both funds together returned a 3% profit? <BR>\n" );
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document.write( "<PRE STYLE=\"white-space: pre-wrap; white-space: -moz-pre-wrap; white-space: -pre-wrap; white-space: -o-pre-wrap; word-wrap: break-word;\">\r\n" );
document.write( "interest  + interest = interest\r\n" );
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document.write( "0.02*4000 + 0.05*x   = 0.03*(4000+x)\r\n" );
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document.write( "80        + 0.05x    = 120 + 0.03x\r\n" );
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document.write( "0.05x - 0.03x = 120 - 80\r\n" );
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document.write( "0.02x = 40  ====>  x = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=40%2F0.02 ALIGN=MIDDLE  ALT=\"40%2F0.02\"   DISABLED_style= \"max-width:90%; height:auto;\" > = <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=4000%2F2 ALIGN=MIDDLE  ALT=\"4000%2F2\"   DISABLED_style= \"max-width:90%; height:auto;\" > = 2000.\r\n" );
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document.write( "<U>Answer</U>.  $2000 was invested in Fund B.\r\n" );
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document.write( "<U>Check</U>.  0.02*4000 + 0.05*2000 = 180  dollars;\r\n" );
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document.write( "        0.03*(4000 + 2000) = 180 dollars.    ! Correct !\r\n" );
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document.write( "To see other similar problems on investment solved, look into the lesson\r<BR>\n" );
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document.write( "&nbsp;&nbsp;&nbsp;&nbsp;- <A  rel=nofollow HREF=https://www.algebra.com/algebra/homework/coordinate/lessons/Using-systems-of-equations-to-solve-problems-on-investment.lesson>Using systems of equations to solve problems on investment</A>\r<BR>\n" );
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document.write( "in this site.\r<BR>\n" );
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document.write( " </SPAN>\n" );
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