How much invested in fund for total profit from two funds, Mathematics

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How much invested in fund for total profit from two funds

Diane invested the savings in two investment funds. Amount she invested in Fund A 3 was times as much as amount she invested in Fund B. Fund A returned 2% profit and Fund B returned 6% profit. How much she invested in Fund B, if total profit from two funds together was $1200?

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Mathematics: How much invested in fund for total profit from two funds

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Request for Solution File

Ask an Expert for Answer!!

Mathematics: How much invested in fund for total profit from two funds

Reference No:- TGS0849155

Have a Question? (oR Write a Review)

Recent Questions Asked Mathematics

Q : Determine rate charged per hour by each mechanic

Q : Determine theoretical and experimental molar mass of air

Q : Calculate the density of concentrated hydrochloric acid

Q : Explain the advantages of methane as a source of fuel

Q : How much invested in fund for total profit from two funds

Q : Suggest a list of standard operating procedures

Q : Calculate the concentration of ca2

Q : Why the heat capacity of the liquid remains constant

Q : Evaluate the ph of the solution resulting

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Request for Solution File

Ask an Expert for Answer!!

Mathematics: How much invested in fund for total profit from two funds

Reference No:- TGS0849155

Recent Questions Asked Mathematics

Q : Determine rate charged per hour by each mechanic

Q : Determine theoretical and experimental molar mass of air

Q : Calculate the density of concentrated hydrochloric acid

Q : Explain the advantages of methane as a source of fuel

Q : How much invested in fund for total profit from two funds

Q : Suggest a list of standard operating procedures

Q : Calculate the concentration of ca2

Q : Why the heat capacity of the liquid remains constant

Q : Evaluate the ph of the solution resulting

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