cheeseman09
contestada

An investor invested a total of ​$3,000 in two mutual funds. One fund earned a 7​% profit while the other earned a 3​% profit. If the​ investor's total profit was ​$142​, how much was invested in each mutual​ fund?

Respuesta :

madethisfortwitch1

Answer:

Step-by-step explanation:

x= fund that got 7%

y= fund that got 3%

x+y=3000

.07x+.03y=142

y=3000-x

.07x+.03(3000-x)=142

.07x+90-.03x=142

.04x=52

x= 1300

x+y=3000

1300+y=3000

y=1700

1300 in the fund that earned 7%

1700 in the fund that earned 3%

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