Nathan F.

asked • 10/27/22

Algebra help please?

I'm stuck on this problem and hoping someone can help

A bank invested ​$370,000 last year in mutual funds. The conservative fund earned 9​%

simple interest. The growth fund earned 14​% simple interest. At the end of the​ year, the bank had earned

​$44,000 from these mutual funds. How much did it invest in each​ fund?

1 Expert Answer

By:

Raymond B. answered • 10/27/22

Tutor
5 (2)

Math, microeconomics or criminal justice

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