Mikhail has a savings portfolio containing $12,000, of which $3,000 is invested in CDs. His friend, Ivan, has $2,000 invested in CDs, and this investment is proportional to Mikhail's. How much money is in Ivan's savings portfolio?

Question

anonymous · Answer

3,000 / 12,000 = 1/4 or .25 

2,000x = 1/4 

x = 8,000

alexanderphantomhive · Answer

haha what she said >u<

ddos_dragon · Answer

Make sure to medal and close your question. Have a nice day!

ddos_dragon · Answer

By the way. You posted your question in the English section. There are plenty of good noggins to pick over in the math area. :3