Question

Amanda invested her savings in two investment funds. The amount she invested in Fund A was $4000 less than the amount she invested in Fund B. Fund A returned a 8% profit and Fund B returned a 6% profit. How much did she invest in Fund B, if the total profit from the two funds together was $1780? Amount invested in Fund B: $

          Amanda invested her savings in two investment funds. The amount she invested in Fund A was $4000 less than the amount she invested in Fund B. Fund A returned a 8% profit and Fund B returned a 6% profit. How much did she invest in Fund B, if the total profit from the two funds together was $1780?

Amount invested in Fund B: $

Amanda invested her savings in two investment funds. The amount she invested in Fund A was 4000 less than the amount she invested in Fund B. Fund A returned a 8% profit and Fund B returned a 6% profit. How much did she invest in Fund B, if the total profit from the two funds together was $1780?

Amount invested in Fund B:

Added by Justin B.

Advanced Engineering Mathematics

Erwin Kreyszig 9th Edition

Chapter 7

Instant Answer

Solved by Expert Breanna Ollech

03/05/2024

Step 1

The question states that the interest is "inrevied in fust a: 1\(". To calculate the percentage, we need to find the reciprocal of the fraction 1\. The reciprocal of a fraction is found by flipping the numerator and denominator. So, the reciprocal of 1\ is \( Show more…

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