document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1106413>Question 1106413</A>: <I><SPAN STYLE=\"word-break: break-all;\"> An investor invested a total of $3,100 in mutal funds. One fund earned a 9% profit while the other earned a 7% profit. If the investor’s profit was $253, how much was invested in each mutal fund?  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #721388 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=721388\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> An investor invested a total of $3,100 in mutual funds. One fund earned a 9% profit while the other earned a 7% profit. If the investor’s profit was $253, how much was invested in each mutual fund?<BR>\n" );
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document.write( "Equations:<BR>\n" );
document.write( "Quantity Eq.::: n + s = 3100<BR>\n" );
document.write( "Interest Eq::::9n + 7s = 25300<BR>\n" );
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document.write( "Modify for elimination::<BR>\n" );
document.write( "7n + 7s = 7*3100<BR>\n" );
document.write( "9n + 7s = 25300<BR>\n" );
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document.write( "2n = 3600<BR>\n" );
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document.write( "n = $1800 (amt. invested at nine %)<BR>\n" );
document.write( "s = 3100-1800 = $1300 (amt. invested at seven%)<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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