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March 30, 2017

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Dale invested his savings in two investment funds. The $12,000 that he invested in Fund A returned a 1% profit. The amount that he invested in Fund B returned a 6% profit. How much did he invest in Fund B, if both funds together returned a 3% profit?

  • Algebra - ,

    .01x + .06(12000-x) = .03(12000)

    take over

  • Algebra - ,

    Thanks!!

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