asked 81.9k views
4 votes
A mutual fund pays6% Interest on all funds deposited for 1 month or longer. Jim wants to take advantage of the 6%

Interest rate and transfers a portion of his savings account to the mutual fund. After one year, Jim's Investment in the
mutual fund has earned $125 In Interest. How much of his savings did Jim Invest in the mutual fund?​

asked
User Althor
by
7.9k points

1 Answer

4 votes

Answer:

u75

Explanation:

answered
User Japetheape
by
7.8k points
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