Problema Solution

an investor invested a total of $1700, one fund earned a 5% profit wile the other earned a 3% profit. If the investors total profit was $75, how much was invested into each fund?

Answer provided by our tutors

total 1700  $

 

1200 $ at 5 %      60 $

 

500 $ at 3 %       15 $  total 75 $