An investor invested a total of $2 comma 500 in two mutual funds. One fund earned a 8% profit while the other earned a 6% profit. If the investor's total profit was $166, how much was invested in each mutual fund?
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Answer:8%earned profit invested in mutual fund=285.7142
6% earned profit invested in mutual fund=214.2857
Step-by-step explanation:
500×8/14=285.7142
500×6/14=214.2857
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