Shawna invested a total of $12,000 in two mutual funds: an international fund and a real estate fund. After 1 yr, the international fund earned the equivalent of 8.2% simple interest and the real estate fund returned 1.5%. If the total earnings at the end of the year was $749.50, determine the amount invested in each fund
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A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.
Shawna invested a total of $12,000 in two mutual funds: an international fund and a real estate fund. After 1 yr, the international fund earned the equivalent of 8.2% simple interest and the real estate fund returned 1.5%. If the total earnings at the end of the year was $749.50, determine the amount invested in each fund
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