document.write( "Question 1141485: Ryan invested his savings in two investment funds. The amount he invested in Fund A was
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document.write( "3 times as much as the amount he invested in Fund B. Fund A returned a 2% profit and Fund B returned a
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document.write( "3% profit. How much did he invest in Fund B, if the total profit from the two funds together was 630? \n" );
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Algebra.Com's Answer #762048 by ankor@dixie-net.com(22740)![]() ![]() You can put this solution on YOUR website! Ryan invested his savings in two investment funds. \n" ); document.write( "a & b \n" ); document.write( " The amount he invested in Fund A was 3 times as much as the amount he invested in Fund B. \n" ); document.write( "a = 3b \n" ); document.write( " Fund A returned a 2% profit and Fund B returned a 3% profit. \n" ); document.write( " How much did he invest in Fund B, \n" ); document.write( "if the total profit from the two funds together was 630? \n" ); document.write( ".02a + .03b = 630 \n" ); document.write( "Replace a with 3b \n" ); document.write( ".02(3b) + .03b = 630 \n" ); document.write( ".06b + .03b = 630 \n" ); document.write( ".09b = 630 \n" ); document.write( "b = 630/.09 \n" ); document.write( "b = $7000 in fund B \n" ); document.write( "the \n" ); document.write( "a = 3(7000) \n" ); document.write( "a = $21000 in fund A \n" ); document.write( "; \n" ); document.write( ": \n" ); document.write( "Check this, find the actual amt from each \n" ); document.write( ".02(21000) = 420 \n" ); document.write( ".03(7000) = 210 \n" ); document.write( "-------------------- \n" ); document.write( "totals amt: 630 \n" ); document.write( " |