An investor invested a total of $3,500 in two mutual funds. one fund earned a 8% profit while the other earned a 2% profitit. If the investors total profit was $172.0, how much was invested in each mutual fund?

Question

anonymous · Answer

c and y or x and y?

whpalmer4 · Answer

x and y, c is right next to x on a QWERTY keyboard, probably just fat-fingered it

whpalmer4 · Answer

a hint: it will probably be easier if the first step you take is to multiply the equation $$.08x + .02y = 172$$by 100 to give you the decimal-free-but-completely-equivalent equation$$8x+2y=17200$$

anonymous · Answer

1700
1800

whpalmer4 · Answer

maybe.  which one is which?

anonymous · Answer

Sorry forgot to write x and y......I did verify and the it is correct. Thanks....