document.write( "Question 730123: An investor invested a total of $2,500.00 in two mutual funds. one fund earned 9% of the profit while the other earned a 6% profit. If the investors total profit was $165.00 how much was invested in each mutual fund? \n" ); document.write( "
Algebra.Com's Answer #726254 by amalm06(224)![]() ![]() You can put this solution on YOUR website! Solve with one equation:\r \n" ); document.write( "\n" ); document.write( "0.09x+(2500-x)(0.06)=165\r \n" ); document.write( "\n" ); document.write( "0.09x+150-0.06x=165\r \n" ); document.write( "\n" ); document.write( "0.03x=15\r \n" ); document.write( "\n" ); document.write( "x=$500\r \n" ); document.write( "\n" ); document.write( "$500 at 9% (Answer), $2000 at 6% (Answer) \n" ); document.write( " |