document.write( "Question 1157640: Lisa invested her savings in two investment funds. The
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document.write( "6000\r
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document.write( "that she invested in Fund A returned a
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document.write( "1
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document.write( "profit. The amount that she invested in Fund B returned a
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document.write( "5
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document.write( "profit. How much did she invest in Fund B, if both funds together returned a
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document.write( "2
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document.write( "%\r
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document.write( "profit?
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Algebra.Com's Answer #780511 by greenestamps(13200)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "(1) The average profit of 2% is one-fourth of the way from 1% to 5%. \n" ); document.write( "(2) That means one-fourth of the total was invested at 5%. \n" ); document.write( "(3) So the $6000 invested at 1% was three-fourths of the total. \n" ); document.write( "(4) So the amount invested at 5% was $2000. \n" ); document.write( "ANSWER: $2000 invested in Fund B. \n" ); document.write( "CHECK: \n" ); document.write( ".01(6000)+.05(2000) = 60+100 = 160 \n" ); document.write( ".02(8000) = 160 \n" ); document.write( " \n" ); document.write( " |