An investment firm invested in two companies last year. They invested \$7000 in Company A and made a profit of 13%. They investe

Question

2 years ago

6

An investment firm invested in two companies last year. They invested \$7000 in Company A and made a profit of 13%. They investe

d \$13,000 in Company B and made a profit of 18%. Answer the questions below. Do not do any rounding . (a) What was the investment firm's total profit? (b) What was the percent profit for their total investment?

Mathematics

1 answer:

fenix001 [56] · Answer 1 · 2022-11-24T04:59:14+03:00

fenix001 [56]2 years ago

3 0

Answer:

a) $3250

b) 31%

Step-by-step explanation:

a) 910 + 2340 = $3250

b) 18 + 13% = 31%