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April 21, 2014

Homework Help: algebra

Posted by Samantha on Friday, November 16, 2012 at 7:15pm.

An investor invested a total of $500 in two mutual funds. One fund earned a 8% profit while the other earned a 4% profit. If the investor's total profit was $32, how much was invested in each mutual fund? The amount invested in the mutual fund that earned 8% was? The amount invested in the mutual fund that earned 4% was?

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