Question

a investor invest $2300 in to funds. One earns 9 % and the other 2%. The total profit equals $109, how much was invested in each fund?

Answer 1

x+y=2300
0.09X+0.02y=109
Solve by substitution or combination.

Answer 2

Alrigt so you have

Total Investments = 9% investments plus 2% investment

Answer 3

Money invested= Money invested into one + Money invested into two

Answer 4

which is the equation star has

Answer 5

CAN YOU SOLVE IT

Answer 6

x=900
y=1400

Answer 7

this will help you in the future with problems relating to simple investment questions

http://www.purplemath.com/modules/investmt.htm

Answer 8

THX VERY MUCH

Answer 9

TO ALL WHO REPLIED :)

Answer 10

just concentrate on learning