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July 30, 2014

Homework Help: algebra

Posted by scott on Friday, March 30, 2012 at 10:48pm.

an investor invested a total of 1,600 in 2 mutual funds.One fund earned a 6% profit while the other earned a 2% profit. If the investors profit was $56, how much was invested in each mutual fund.

amount invested in mutual fund that earned 6% was___
amount invested in fund that earned 2% was
___

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