NoGoodAtMath
New member
- Joined
- May 2, 2013
- Messages
- 35
Devon invested $8000 in three different mutual funds. A fund containing large cap stocks made 6.2% return in 1 yr. A real estate fund lost 13.5% in 1 yr, and a large cap stock fund was twice the amount invested in the real estate fund. If Devon had a net return of $66 across all investments, how much did he invest in each fund?
I'm supposed to set this up as a system of linear equations. How do I set this up?
I'm supposed to set this up as a system of linear equations. How do I set this up?