SOLUTION: 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 comma 0471,047. This​

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: 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 comma 0471,047. This​      Log On


   



Question 1137299: 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 comma 0471,047. This​ year, the first fund paid a​ 10% dividend and the second only​ 1%, and you received a total of ​$860860. How much money did you invest in each​ fund?
Answer by ikleyn(52787) About Me  (Show Source):
You can put this solution on YOUR website!
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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 comma 0471,047. This​ year, the first fund paid a​ 10% dividend and the second only​ 1%,
and you received a total of ​$860860. How much money did you invest in each​ fund?
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"​ $1 comma 0471,047 " makes no sense.

Fix; then re-post.

Please use standard commonly accepted way to present numbers, avoiding this "Morse alphabet coding" style.