naomi101906
Answered

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An investor invested a total of ​$1,600 in two mutual funds. One fund earned a 4​% profit while the other earned a 2​% profit. If the​ investor's total profit was ​$36​, how much was invested in each mutual​ fund?

Sagot :

Penguin2923

Answer:

The amount that was invested into the two funds was $782

Step-by-step explanation:

Because $1600 minus $1564 equals $36 which was the investor's profit. And $1564 divided by two equals $782

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