profit. How much did he invest in Fund B, if both funds together returned a 4% profit?

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Systems Of Equations
Section11.CR: Review Problem Set
Problem 36CR: Sara invested 2500, part of it at 4 and the rest at 6 yearly interest. The yearly income on the 6...
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Kevin invested his savings in two investment funds. The

$4000

that he invested in Fund A returned a

1%

profit. The amount that he invested in Fund B returned a

6%

profit. How much did he invest in Fund B, if both funds together returned a

4%

profit?

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