document.write( "Question 1150172: Lashonda invested her savings in two investment funds. The amount she invested in Fund A was $6000 less than the amount she invested in Fund B. Fund A returned a 5% profit and Fund B returned a 6% profit. How much did she invest in Fund B, if the total profit from the two funds together was $1350? \n" ); document.write( "
Algebra.Com's Answer #771528 by VFBundy(438)![]() ![]() You can put this solution on YOUR website! Fund A: \n" ); document.write( "Principal = p - 6000 \n" ); document.write( "Rate = 0.05 \n" ); document.write( "Interest = 0.05(p - 6000) = 0.05p - 300 \n" ); document.write( " \n" ); document.write( "Fund B: \n" ); document.write( "Principal = p \n" ); document.write( "Rate = 0.06 \n" ); document.write( "Interest = 0.06p \n" ); document.write( " \n" ); document.write( "(0.05p - 300) + (0.06p) = 1350 \n" ); document.write( " \n" ); document.write( "0.11p - 300 = 1350 \n" ); document.write( " \n" ); document.write( "0.11p = 1650 \n" ); document.write( " \n" ); document.write( "p = 15000 \n" ); document.write( " \n" ); document.write( "Fund B: \n" ); document.write( "Principal = p = $15,000 |