BRAINLIEST AND 20 POINTS IF YOUR CORRECT PLEASE !! Juan had $19000 and chose to split the money into two different mutual funds. During the first year, Fund A earned 7% interest and Fund B earned 3% interest. If he received a total of $1042 in interest, how much had he invested into each account?

Juan put $11,800 in Fund A mutual fund and $7,200 in Fund B mutual fund.

Step-by-step explanation:

As soon as Juan invested $ 19000 in two mutual funds: Fund A, which earned a 7% profit during the first year; and Fund B, which earned a 3% profit at the same time, if he received a total of $1042 profit, to know how much had he invested in each mutual fund, the following calculation must be done:

19000 x 0.07 + 0 x 0.03 = 1330

15000 x 0.07 + 4000 x 0.03 = 1170

11800 x 0.07 + 7200 x 0.03 = 1042

Therefore, Juan put $11,800 in Fund A mutual fund and $7,200 in Fund B mutual fund.

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step-by-step explanation: