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Andrew [12]
3 years ago
10

Please help fast (80 points) I will mark brainly (bad answers will be reported)

Mathematics
1 answer:
Natali [406]3 years ago
6 0

Answer: B

Step-by-step explanation:

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4 years ago
An investor invested a total of $2,800 in two mutual funds. One fund earned 5% profit while the other earned 3% profit. If the i
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Answer:

The amount invested in the mutual fund that earned 5% was $1,000

The amount invested in the mutual fund that earned 3% was $1,800

Step-by-step explanation:

Let

x ----> the amount invested in the mutual fund that earned 5%

y ----> the amount invested in the mutual fund that earned 3%

we know that

x+y=2,800 ----> y=2,800-x ----> equation A

5\%=5/100=0.05

3\%=3/100=0.03

0.05x+0.03y=104 ----> equation B

Solve the system by substitution

substitute equation A in equation B

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Solve for x

0.05x+84-0.03x=104

0.05x-0.03x=104-84

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x=\$1,000

<em>Find the value of y</em>

y=2,800-x

y=2,800-1,000=\$1,800

therefore

The amount invested in the mutual fund that earned 5% was $1,000 and the amount invested in the mutual fund that earned 3% was $1,800

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<u>THIS ANSWER IS WRONG EVERYBODY</u>

8 0
3 years ago
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