SOLUTION: Jim received an inheritance of $15,000. If he wants to invest twice as much money in mutual funds as in bonds, how much should he invest in mutual funds?

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Question 1119729: Jim received an inheritance of $15,000. If he wants to invest twice as much money in mutual funds as in bonds, how much should he invest in mutual funds?
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
bond amount=x
mutual fund amount=2x
2x+x=15000
x=$5000 bonds
2x=$10,000 mutual funds ANSWER.