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Georgia [21]
3 years ago
10

An investor invested a total of $2,800 in two mutual funds. One fund earned a 9% profit while the other earned a 4% profit. If t

he investor's total profit was 5197 how much was invested in each mutual fund?
The amount invested in the mutual fund that earned 9% was $
Mathematics
2 answers:
givi [52]3 years ago
4 0
9% of 1400 is 126
Why because you are going to divide 2800 by 2
eduard3 years ago
3 0
2,800 divided by 2 is 1,400
Fund one: 9% of 1,400 is 126
Fund two: 4% of 1,400 is 56
Sorry I was doing this problem but then I gave up but this is what I got to lol
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