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?

Question

hero · Answer

a = Fund A
b = Fund B

a = 4b
.08a + .06b = 3420

hero · Answer

@salce08 did you understand how the equations were set up?

anonymous · Answer

no @hero

hero · Answer

@Salce08, do you still want to figure out how to do this question?