You invested money in two funds. Last year, the first fund paid a dividend of 9% and the second a dividend of 3%, and you received a total of $879. This year, the first fund paid a 10% dividend and the second only 1%, and you received a total of $846. How much mon- did you invest in each fund? How much money was invested in the first fund? How much money was invested in the second fund? ***

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.5: Solve Linear Inequalities
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You invested money in two funds. Last year, the first fund paid a dividend of 9% and the second a dividend of 3%, and you received a
total of $879. This year, the first fund paid a 10% dividend and the second only 1%, and you received a total of $846. How much money
did you invest in each fund?
How much money was invested in the first fund?
How much money was invested in the second fund?
O Search
***
ENG
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1:47 AM
4/7/2023
Transcribed Image Text:You invested money in two funds. Last year, the first fund paid a dividend of 9% and the second a dividend of 3%, and you received a total of $879. This year, the first fund paid a 10% dividend and the second only 1%, and you received a total of $846. How much money did you invest in each fund? How much money was invested in the first fund? How much money was invested in the second fund? O Search *** ENG Next 1:47 AM 4/7/2023
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