MAT116
posted by Anonymous on .
An investor invested a total of $3,400 in two mutual funds. One fund earned 8% profit while the other earned a 3% profit. If the investor's total profit was $202, how much was invested in each mutual fund?

amount invested at 8%  x
amount invested at 3%  3400x
solve for x
.08x + .03(3400x) = 202
8x + 3(3400x) = 20200
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x = ....