document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1199653>Question 1199653</A>: <I><SPAN STYLE=\"word-break: break-all;\"> An investor invested a total of ​$1,200 in two mutual funds. One fund earned a 8​% profit while the other earned a 6​% profit. If the​ investor's total profit was ​$90​, how much was invested in each mutual​ fund? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #833620 by </B><A HREF=/tutors/aboutme.mpl?userid=greenestamps><B>greenestamps(13200)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=greenestamps><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=greenestamps><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=833620\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <br><BR>\n" );
document.write( "Assuming this post is from the same student who posted the other similar problem....<br><BR>\n" );
document.write( "$1200 all invested at 6% would earn $72 interest; all at 8% would earn $96 interest; the actual interest was $90.<br><BR>\n" );
document.write( "$90 is 18/24 = 3/4 of the way from $72 to $96, so 3/4 of the total was invested at the higher rate.<br><BR>\n" );
document.write( "ANSWERS: 3/4 of $1200, or $900, was invested at 8%; the other $300 at 6%.<br><BR>\n" );
document.write( "CHECK: .08(900)+.06(300) = 72+18 = 90<br><BR>\n" );
document.write( " </SPAN>\n" );
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