SOLUTION: Deon invested his savings in two investment funds. The $16,000 that he invested in Fund A returned a 10% profit. The amount that he invested in Fund B returned a 3% profit. How muc
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-> SOLUTION: Deon invested his savings in two investment funds. The $16,000 that he invested in Fund A returned a 10% profit. The amount that he invested in Fund B returned a 3% profit. How muc
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Question 928760: Deon invested his savings in two investment funds. The $16,000 that he invested in Fund A returned a 10% profit. The amount that he invested in Fund B returned a 3% profit. How much did he invest in Fund B, if both funds together returned a 7% profit? Answer by TimothyLamb(4379) (Show Source):
You can put this solution on YOUR website! x = dollars invested in A = 16000
y = dollars invested in B
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10x + 3y = 7(x + y)
x = 16000
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put the system of linear equations into standard form
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10x + 3y = 7x + 7y
x = 16000
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3x - 4y = 0
x = 16000
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copy and paste the above standard form linear equations in to this solver:
https://sooeet.com/math/system-of-linear-equations-solver.php
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solution:
x = dollars invested in A = 16000
y = dollars invested in B = 12000
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