an investor invested a total of 1702 mutual funds. One fun earned a 4% profit while the other earned a 2% profit if the investors total profit was $62, how much was invested in each mutual fund

Question

help!!

oobleck · Accepted Answer

If $x was invested at 2%, then the rest (1702-x) is at 4%, so now add up the total profit .02x + .04(1702-x) = 62 Solve for x and then get 1702-x

X0x0 · Answer

so what is the amount invested in the mutual fund that earned 2%?

Anonymous · Answer

X0x0 oobleck told you how.Your answer is x. If you can not solve .02x + .04(1702-x) = 62 for x we are in serious trouble.