Henry invested his savings in two investment funds. The $6000 that he invested in Fund A returned a 2% 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?
Henry invested his savings in two investment funds. The $6000 that he invested in Fund A returned a 2% 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 for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Systems Of Equations
Section11.CR: Review Problem Set
Problem 36CR: Sara invested 2500, part of it at 4 and the rest at 6 yearly interest. The yearly income on the 6...
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Henry invested his savings in two investment funds. The $6000 that he invested in Fund A returned a 2% 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?
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