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Reuben invested his savings in two investment funds. The $18,000 that he invested in Fund A returned a 5% profit. The amount that he invested in Fund B returned a 1% profit. How…
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Reuben invested his savings in two investment funds. The $18,000 that he invested in Fund A returned a 5% profit. The amount that he invested in Fund B returned a 1% profit. How…
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Jan 15, 2022
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Reuben invested his savings in two investment funds. The $18,000 that he invested in Fund A returned a 5% profit. The amount that he invested in Fund B returned a 1% profit. How much did he invest in Fund B, if both funds together returned a 4% profit?
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Answer:
He invested $13500 in fund A, and $4500 in Fund B
Explanation:
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Tomas Kirda
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Jan 19, 2022
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