Ask your own question, for FREE!
Mathematics 21 Online
OpenStudy (anonymous):

Alan invested his savings in two investment funds. The amount he invested in Fund A was 4 times as much as the amount he invested in Fund B. Fund A returned a 8% profit and Fund B returned a 6% profit. How much did he invest in Fund B, if the total profit from the two funds together was $3420?

OpenStudy (anonymous):

A is funds in investment A B is funds in investment B A=4B 1.08A+1.06B=3420 now soleve the system

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!