SOLUTION: Cannot solve this problem on my own. Help! You invested money in two funds. Last year, the first fund paid a dividend of 9% and the second a dividend of 3%, and you received a t

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: Cannot solve this problem on my own. Help! You invested money in two funds. Last year, the first fund paid a dividend of 9% and the second a dividend of 3%, and you received a t      Log On


   



Question 1174868: Cannot solve this problem on my own. Help!
You invested money in two funds. Last year, the first fund paid a dividend of 9% and the second a dividend of 3%, and you received a total of $1,068. This year, the first fund paid a 10% dividend and the second only 1%, and you received a total of $874. How much money did you invest in each fund?
How much money did you invest in EACH fund?
Fund 1:
Fund 2:

Answer by Solver92311(821) About Me  (Show Source):
You can put this solution on YOUR website!






Solve the 2X2 system for and


John

My calculator said it, I believe it, that settles it

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