document.write( "Question 1196208: Mai invested her savings in two investment funds. The $8000 that she invested in Fund A returned a 1% profit. The amount that she invested in Fund B returned a 5% profit. How much did she invest in Fund B, if both funds together returned a 4% profit? \n" ); document.write( "
Algebra.Com's Answer #828960 by amoresroy(361)![]() ![]() You can put this solution on YOUR website! Let B = Money invested in Fund B\r \n" ); document.write( "\n" ); document.write( "The problem says:\r \n" ); document.write( "\n" ); document.write( "8000(.01) + B(.05) = .04 (8,000 + B)\r \n" ); document.write( "\n" ); document.write( "Simplify and Find B\r \n" ); document.write( "\n" ); document.write( "80 + .05B = 320 + .04B \n" ); document.write( ".05B - .04B = 320 - 80 \n" ); document.write( ".01B = 240 \n" ); document.write( "B = $24,000 Answer\r \n" ); document.write( "\n" ); document.write( "Solved.\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |