Question 548945
Fund A	6.30%		per annum	---x					
Fund B	8.80%		per annum	---y					
									
x+y=191610	------------------------1				
6.30%x+	8.80%y=	=$16,681.66			
Multiply by100							
6.3x+8.8y=$1,668,166.00		--------2	
									
Multiply (1) by	-6.3						
we get									
									
-6.3x-6.3y=-1207143.00			
									
Add this to (2)									
									
0x+2.5y=$461,023.00			
									
divide by2.5							
									
y	=		$184,409.20		investment at 	8.80%
Balance			$7,200.80 		investment at 	6.30%
CHECK									
$7,200.80	---------	6.30%	-------	$453.65					
$184,409.20	-------	8.80%	-------	$16,228.01					
Total			--------------	$16,681.66

m.ananth@hotmail.ca