document.write( "Question 1015785: an investigator invested a total of $1200 in two mutual funds. One fund earned a 6% profit while the other earned a 4% profit if the investors total profit was $54 how much was invested in each mutual fund. \n" ); document.write( "
Algebra.Com's Answer #726252 by amalm06(224)![]() ![]() You can put this solution on YOUR website! Solve with one equation:\r \n" ); document.write( "\n" ); document.write( "0.06x+(0.04)(1200-x)=54\r \n" ); document.write( "\n" ); document.write( "0.06x+48-0.04x=54\r \n" ); document.write( "\n" ); document.write( "0.02x=6\r \n" ); document.write( "\n" ); document.write( "x=$300, at 6% (Answer)\r \n" ); document.write( "\n" ); document.write( "$900-$300=$600, at 4% (Answer) \n" ); document.write( " |