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April 21, 2014

April 21, 2014

Posted by **Samantha** on Sunday, November 18, 2012 at 1:35pm.

The amount invested in the mutual fund that earned 5% was $ ?

The amount invested in the mutual fund that earned 3% was $ ?

- algebra -
**Henry**, Tuesday, November 20, 2012 at 8:45pm$X @ 3%.

$(2600-x) @ 5%.

0.03x + 0.05(2600-x) = $98.

0.03x + 130-0.05x = 98

-0.02x = 98-130 = -32

X = $1600 @ 3%.

2600-x = 2600-1600 = $1000. @ 5%.

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