An investor invented a total of $3,300 in two mutual friends. One fund earned 8% while the other profited 3% profit. If the investors total profit was $199, how much was invested in each mutual fund?

Question

dumbcow · Answer

its a system of 2 equations
1 equation for total money and 2nd equation for profit

 A + B = 3300
.08A +.03B = 199

i would use substitution to solve since from top equation....A = 3300 -B

dumbcow · Answer

hint: you can get rid of decimals if you multiply entire equation by 100 :)

anonymous · Answer

Thank you:)

dumbcow · Answer

yw