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December 21, 2014

Homework Help: mat/116

Posted by Sade C on Sunday, February 24, 2013 at 3:53pm.

Please help me slove this question.

An investor invested a total of $3,200 in tow mutual funds. One fund earned 5% profit while the other earned a 2% profit. If the invesor's total profit was $103, how much was invested in each mutual fund?

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

The amount invested in th mutual fund that earned 2% was $____?

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