an investor invested a total of $1400 in two mutual funds. one fund earned a 4% profit value while the other earned 2% profit. if the investor's profit was $44,

Question

shamil98 · Answer

Please complete the question :), thank you.

anonymous · Answer

how much was in each mutual fund? the amount invested in the fund that earned 4% was __________. the amount invested in the fund that earned 2% was ________

shamil98 · Answer

1400 in to two mutual funds, was 44 profit from both together? or 44 profit from each?

anonymous · Answer

total profit

anonymous · Answer

an investor invested a total of $1400 in two mutual funds. one fund earned a 4% profit value while the other earned 2% profit. if the investor's profit was $44, how much was in each mutual fund? the amount invested in the fund that earned 4% was __________. the amount invested in the fund that earned 2% was ________>

shamil98 · Answer

Let's say the 4% value amount that was invested was 800 , and 800 x 0.04 = 32
and the other amount invested was 600, and 600 x 0.02 = 12
which totals up to 44. i think that would be your answer.

anonymous · Answer

800 and 600

shamil98 · Answer

With percentages you just got to play around with the numbers to get it right.

shamil98 · Answer

Yeah.

e.cociuba · Answer

Use the Quantity and Interest Equations.