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An investor invested a total of $1,100 in two mutal funds. One fund earned a 7% profit while the other earned a 3% profit. If the investor's total profit was $45, how much …
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An investor invested a total of $1,100 in two mutal funds. One fund earned a 7% profit while the other earned a 3% profit. If the investor's total profit was $45, how much …
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Jul 10, 2020
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an investor invested a total of $1,100 in two mutal funds. One fund earned a 7% profit while the other earned a 3% profit. If the investor's total profit was $45, how much was invested in each mutal fund?
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Rinku Choudhary
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Answer: I believe a total of $527.5 was invested in each mutual fund.
Md Shahbaz Ahmad
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Jul 17, 2020
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Md Shahbaz Ahmad
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