Question

PLEASE PLEASE HELP ME ASAP....An investor invested a total of 1,900 in two mutual funds. One fund earned a 4% profit while the other earned a 2% profit. If the investors total profit was $58, how much was invested in each mutal fund 9

Answer 1

I dont know

Answer 2

x = amount invested in 4% fund
y= amount invested in 2% fund
.04x = interest from 4% fund
.02x = profit from 2% fund
x+y=1900
.04x+.02y=58

Answer 3

Solve that system

Answer 4

so 6???

Answer 5

Post your work so I can see how you got 6. Is that for x or y?

Answer 6

i did 2+4=6.....idk i dnt get this

Answer 7

x+y=1900
Solve that for x

Answer 8

1000+900