example 2 investment chapter 7.2 the trust department of century bank divided a $150,000 investment...
TRANSCRIPT
example 2 Investment
Chapter 7.2
The Trust Department of Century Bank divided a $150,000 investment among threemutual funds with different levels of risk and return. The Potus Fund returns 10% peryear, the Stong Fund returns 8% per year, and the Franklin Fund returns 7%. If theannual return from the combined investments is $12,900 and if the investment in thePotus Fund has $20,000 less than the sum of the investments in the other two funds,how much is invested in each fund?
2009 PBLPathways
2009 PBLPathways
The Trust Department of Century Bank divided a $150,000 investment among threemutual funds with different levels of risk and return. The Potus Fund returns 10% peryear, the Stong Fund returns 8% per year, and the Franklin Fund returns 7%. If theannual return from the combined investments is $12,900 and if the investment in thePotus Fund has $20,000 less than the sum of the investments in the other two funds,how much is invested in each fund?
2009 PBLPathways
The Trust Department of Century Bank divided a $150,000 investment among threemutual funds with different levels of risk and return. The Potus Fund returns 10% peryear, the Stong Fund returns 8% per year, and the Franklin Fund returns 7%. If theannual return from the combined investments is $12,900 and if the investment in thePotus Fund has $20,000 less than the sum of the investments in the other two funds,how much is invested in each fund?
x: Amount invested in the Potus Fundy: Amount invested in the Stong Fundz: Amount invested in the Franklin Fund
2009 PBLPathways
The Trust Department of Century Bank divided a $150,000 investment among threemutual funds with different levels of risk and return. The Potus Fund returns 10% peryear, the Stong Fund returns 8% per year, and the Franklin Fund returns 7%. If theannual return from the combined investments is $12,900 and if the investment in thePotus Fund has $20,000 less than the sum of the investments in the other two funds,how much is invested in each fund?
x: Amount invested in the Potus Fundy: Amount invested in the Stong Fundz: Amount invested in the Franklin Fund
2009 PBLPathways
The Trust Department of Century Bank divided a $150,000 investment among threemutual funds with different levels of risk and return. The Potus Fund returns 10% peryear, the Stong Fund returns 8% per year, and the Franklin Fund returns 7%. If theannual return from the combined investments is $12,900 and if the investment in thePotus Fund has $20,000 less than the sum of the investments in the other two funds,how much is invested in each fund?
x: Amount invested in the Potus Fundy: Amount invested in the Stong Fundz: Amount invested in the Franklin Fund
150,000
0.10 0.08 0.07 12,900
20,000
x y z
x y z
x y z
Sum of the investments
Total annual return
2009 PBLPathways
The Trust Department of Century Bank divided a $150,000 investment among threemutual funds with different levels of risk and return. The Potus Fund returns 10% peryear, the Stong Fund returns 8% per year, and the Franklin Fund returns 7%. If theannual return from the combined investments is $12,900 and if the investment in thePotus Fund has $20,000 less than the sum of the investments in the other two funds,how much is invested in each fund?
x: Amount invested in the Potus Fundy: Amount invested in the Stong Fundz: Amount invested in the Franklin Fund
150,000
0.10 0.08 0.07 12,900
20,000
x y z
x y z
x y z
Sum of the investments
Total annual return
2009 PBLPathways
The Trust Department of Century Bank divided a $150,000 investment among threemutual funds with different levels of risk and return. The Potus Fund returns 10% peryear, the Stong Fund returns 8% per year, and the Franklin Fund returns 7%. If theannual return from the combined investments is $12,900 and if the investment in thePotus Fund has $20,000 less than the sum of the investments in the other two funds,how much is invested in each fund?
x: Amount invested in the Potus Fundy: Amount invested in the Stong Fundz: Amount invested in the Franklin Fund
150,000
0.10 0.08 0.07 12,900
20,000
x y z
x y z
x y z
Sum of the investments
Total annual return
2009 PBLPathways
The Trust Department of Century Bank divided a $150,000 investment among threemutual funds with different levels of risk and return. The Potus Fund returns 10% peryear, the Stong Fund returns 8% per year, and the Franklin Fund returns 7%. If theannual return from the combined investments is $12,900 and if the investment in thePotus Fund has $20,000 less than the sum of the investments in the other two funds,how much is invested in each fund?
x: Amount invested in the Potus Fundy: Amount invested in the Stong Fundz: Amount invested in the Franklin Fund
150,000
0.10 0.08 0.07 12,900
20,000
x y z
x y z
x y z
Total annual return
2009 PBLPathways
The Trust Department of Century Bank divided a $150,000 investment among threemutual funds with different levels of risk and return. The Potus Fund returns 10% peryear, the Stong Fund returns 8% per year, and the Franklin Fund returns 7%. If theannual return from the combined investments is $12,900 and if the investment in thePotus Fund has $20,000 less than the sum of the investments in the other two funds,how much is invested in each fund?
x: Amount invested in the Potus Fundy: Amount invested in the Stong Fundz: Amount invested in the Franklin Fund
150,000
0.10 0.08 0.07 12,900
20,000
x y z
x y z
x y z
2009 PBLPathways
The Trust Department of Century Bank divided a $150,000 investment among threemutual funds with different levels of risk and return. The Potus Fund returns 10% peryear, the Stong Fund returns 8% per year, and the Franklin Fund returns 7%. If theannual return from the combined investments is $12,900 and if the investment in thePotus Fund has $20,000 less than the sum of the investments in the other two funds,how much is invested in each fund?
x: Amount invested in the Potus Fundy: Amount invested in the Stong Fundz: Amount invested in the Franklin Fund
150,000
0.10 0.08 0.07 12,900
20,000
x y z
x y z
x y z
2009 PBLPathways
The Trust Department of Century Bank divided a $150,000 investment among threemutual funds with different levels of risk and return. The Potus Fund returns 10% peryear, the Stong Fund returns 8% per year, and the Franklin Fund returns 7%. If theannual return from the combined investments is $12,900 and if the investment in thePotus Fund has $20,000 less than the sum of the investments in the other two funds,how much is invested in each fund?
x: Amount invested in the Potus Fundy: Amount invested in the Stong Fundz: Amount invested in the Franklin Fund
150,000
0.10 0.08 0.07 12,900
20,000
x y z
x y z
x y z
2009 PBLPathways
The Trust Department of Century Bank divided a $150,000 investment among threemutual funds with different levels of risk and return. The Potus Fund returns 10% peryear, the Stong Fund returns 8% per year, and the Franklin Fund returns 7%. If theannual return from the combined investments is $12,900 and if the investment in thePotus Fund has $20,000 less than the sum of the investments in the other two funds,how much is invested in each fund?
x: Amount invested in the Potus Fundy: Amount invested in the Stong Fundz: Amount invested in the Franklin Fund
150,000
0.10 0.08 0.07 12,900
20,000
x y z
x y z
x y z
2009 PBLPathways
The Trust Department of Century Bank divided a $150,000 investment among threemutual funds with different levels of risk and return. The Potus Fund returns 10% peryear, the Stong Fund returns 8% per year, and the Franklin Fund returns 7%. If theannual return from the combined investments is $12,900 and if the investment in thePotus Fund has $20,000 less than the sum of the investments in the other two funds,how much is invested in each fund?
150,000
0.10 0.08 0.07 12,900
20,000
x y z
x y z
x y z
150,000
0.10 0.08 0.07 12,900
20,000
x y z
x y z
x y z
2009 PBLPathways
The Trust Department of Century Bank divided a $150,000 investment among threemutual funds with different levels of risk and return. The Potus Fund returns 10% peryear, the Stong Fund returns 8% per year, and the Franklin Fund returns 7%. If theannual return from the combined investments is $12,900 and if the investment in thePotus Fund has $20,000 less than the sum of the investments in the other two funds,how much is invested in each fund?
1 1 1 150,000
0.10 0.08 0.07 12,900
1 1 1 20,000
1 0 0 ?
0 1 0 ?
0 0 1 ?
2009 PBLPathways
1 1 1 150,000
0.10 0.08 0.07 12,900
1 1 1 20,000
1 0 0 ?
0 1 0 ?
0 0 1 ?
The Trust Department of Century Bank divided a $150,000 investment among threemutual funds with different levels of risk and return. The Potus Fund returns 10% peryear, the Stong Fund returns 8% per year, and the Franklin Fund returns 7%. If theannual return from the combined investments is $12,900 and if the investment in thePotus Fund has $20,000 less than the sum of the investments in the other two funds,how much is invested in each fund?
2009 PBLPathways
1 1 1 150,000
0.10 0.08 0.07 12,900
1 1 1 20,000
1 0 0 ?
0 1 0 ?
0 0 1 ?
The Trust Department of Century Bank divided a $150,000 investment among threemutual funds with different levels of risk and return. The Potus Fund returns 10% peryear, the Stong Fund returns 8% per year, and the Franklin Fund returns 7%. If theannual return from the combined investments is $12,900 and if the investment in thePotus Fund has $20,000 less than the sum of the investments in the other two funds,how much is invested in each fund?
2009 PBLPathways
1 1 1 150,000
0.10 0.08 0.07 12,900
1 1 1 20,000
1 0 0 ?
0 1 0 ?
0 0 1 ?
The Trust Department of Century Bank divided a $150,000 investment among threemutual funds with different levels of risk and return. The Potus Fund returns 10% peryear, the Stong Fund returns 8% per year, and the Franklin Fund returns 7%. If theannual return from the combined investments is $12,900 and if the investment in thePotus Fund has $20,000 less than the sum of the investments in the other two funds,how much is invested in each fund?
2009 PBLPathways
1 1 1 150,000
0.10 0.08 0.07 12,900
1 1 1 20,000
1 0 0 ?
0 1 0 ?
0 0 1 ?
The Trust Department of Century Bank divided a $150,000 investment among threemutual funds with different levels of risk and return. The Potus Fund returns 10% peryear, the Stong Fund returns 8% per year, and the Franklin Fund returns 7%. If theannual return from the combined investments is $12,900 and if the investment in thePotus Fund has $20,000 less than the sum of the investments in the other two funds,how much is invested in each fund?
2009 PBLPathways
1 1 1 150,000
0.10 0.08 0.07 12,900
1 1 1 20,000
-0.10 R1 + R2 R2- R1 + R3 R3
2 2 4 6
2 3 1 1
0 1 3 5
1 1 1 150,000
0 0.02 0.03 2,100
0 2 2 170,000
1 1 1 150,000
0 1 1.5 105,000
0 2 2 170,000
-50 R2 R2
- R2 + R1 R12R2 + R3 R3
2 2 4 6
2 3 1 1
0 1 3 5
1 0 0.5 45,000
0 1 1.5 105,000
0 0 1 40,000
2009 PBLPathways
1 1 1 150,000
0.10 0.08 0.07 12,900
1 1 1 20,000
-0.10 R1 + R2 R2- R1 + R3 R3
0.1 0.1 0.1 15,000
0.10 0.08 0.07 12,900
0 0.02 0.03 2100
1 1 1 150,000
0 0.02 0.03 2,100
0 2 2 170,000
1 1 1 150,000
0 1 1.5 105,000
0 2 2 170,000
-50 R2 R2
2009 PBLPathways
1 1 1 150,000
0.10 0.08 0.07 12,900
1 1 1 20,000
-0.10 R1 + R2 R2- R1 + R3 R3
0.1 0.1 0.1 15,000
0.10 0.08 0.07 12,900
0 0.02 0.03 2100
1 1 1 150,000
0 0.02 0.03 2,100
0 2 2 170,000
1 1 1 150,000
0 1 1.5 105,000
0 2 2 170,000
-50 R2 R2
2009 PBLPathways
1 1 1 150,000
0.10 0.08 0.07 12,900
1 1 1 20,000
-0.10 R1 + R2 R2- R1 + R3 R3
0.1 0.1 0.1 15,000
0.10 0.08 0.07 12,900
0 0.02 0.03 2100
1 1 1 150,000
0 0.02 0.03 2,100
0 2 2 170,000
1 1 1 150,000
0 1 1.5 105,000
0 2 2 170,000
-50 R2 R2
2009 PBLPathways
1 1 1 150,000
0.10 0.08 0.07 12,900
1 1 1 20,000
-0.10 R1 + R2 R2-1 R1 + R3 R3
1 1 1 150,000
1 1 1 20,000
0 2 2 170,000
1 1 1 150,000
0 0.02 0.03 2,100
0 2 2 170,000
1 1 1 150,000
0 1 1.5 105,000
0 2 2 170,000
-50 R2 R2
2009 PBLPathways
1 1 1 150,000
0.10 0.08 0.07 12,900
1 1 1 20,000
-0.10 R1 + R2 R2-1 R1 + R3 R3
1 1 1 150,000
1 1 1 20,000
0 2 2 170,000
1 1 1 150,000
0 0.02 0.03 2,100
0 2 2 170,000
1 1 1 150,000
0 1 1.5 105,000
0 2 2 170,000
-50 R2 R2
2009 PBLPathways
1 1 1 150,000
0.10 0.08 0.07 12,900
1 1 1 20,000
-0.10 R1 + R2 R2-1 R1 + R3 R3
1 1 1 150,000
1 1 1 20,000
0 2 2 170,000
1 1 1 150,000
0 0.02 0.03 2,100
0 2 2 170,000
1 1 1 150,000
0 1 1.5 105,000
0 2 2 170,000
-50 R2 R2
2009 PBLPathways
1 1 1 150,000
0.10 0.08 0.07 12,900
1 1 1 20,000
-0.10 R1 + R2 R2-1 R1 + R3 R3
1 1 1 150,000
1 1 1 20,000
0 2 2 170,000
1 1 1 150,000
0 0.02 0.03 2,100
0 2 2 170,000
1 1 1 150,000
0 1 1.5 105,000
0 2 2 170,000
-50 R2 R2
2009 PBLPathways
1 1 1 150,000
0.10 0.08 0.07 12,900
1 1 1 20,000
-0.10 R1 + R2 R2-1 R1 + R3 R3
1 1 1 150,000
1 1 1 20,000
0 2 2 170,000
1 1 1 150,000
0 0.02 0.03 2,100
0 2 2 170,000
1 1 1 150,000
0 1 1.5 105,000
0 2 2 170,000
-50 R2 R2
2009 PBLPathways
0.5 R3 + R1 R1-1.5 R3 + R2 R2
2 2 4 6
2 3 1 1
0 1 3 5
1 0 0 65,000
0 1 0 45,000
0 0 1 40,000
65,000
45,000
40,000
x
y
z
Invest $65,000 in the Potus Fund
Invest $45,000 in the Stong Fund
Invest $40,000 in the Franklin Fund
- R2 + R1 R12R2 + R3 R3
2 2 4 6
2 3 1 1
0 1 3 5
1 0 0.5 45,000
0 1 1.5 105,000
0 0 1 40,000
1 1 1 150,000
0 1 1.5 105,000
0 2 2 170,000
2009 PBLPathways
0.5 R3 + R1 R1-1.5 R3 + R2 R2
2 2 4 6
2 3 1 1
0 1 3 5
1 0 0 65,000
0 1 0 45,000
0 0 1 40,000
65,000
45,000
40,000
x
y
z
Invest $65,000 in the Potus Fund
Invest $45,000 in the Stong Fund
Invest $40,000 in the Franklin Fund
-1 R2 + R1 R12R2 + R3 R3
0 1 1.5 105,000
1 1 1 150,000
1 0 0.5 45,000
1 0 0.5 45,000
0 1 1.5 105,000
0 0 1 40,000
1 1 1 150,000
0 1 1.5 105,000
0 2 2 170,000
2009 PBLPathways
0.5 R3 + R1 R1-1.5 R3 + R2 R2
2 2 4 6
2 3 1 1
0 1 3 5
1 0 0 65,000
0 1 0 45,000
0 0 1 40,000
65,000
45,000
40,000
x
y
z
Invest $65,000 in the Potus Fund
Invest $45,000 in the Stong Fund
Invest $40,000 in the Franklin Fund
-1 R2 + R1 R12R2 + R3 R3
0 1 1.5 105,000
1 1 1 150,000
1 0 0.5 45,000
1 0 0.5 45,000
0 1 1.5 105,000
0 0 1 40,000
1 1 1 150,000
0 1 1.5 105,000
0 2 2 170,000
2009 PBLPathways
0.5 R3 + R1 R1-1.5 R3 + R2 R2
2 2 4 6
2 3 1 1
0 1 3 5
1 0 0 65,000
0 1 0 45,000
0 0 1 40,000
65,000
45,000
40,000
x
y
z
Invest $65,000 in the Potus Fund
Invest $45,000 in the Stong Fund
Invest $40,000 in the Franklin Fund
-1 R2 + R1 R12R2 + R3 R3
0 2 3 210,000
0 2 2 170,000
0 0 1 40,000
1 0 0.5 45,000
0 1 1.5 105,000
0 0 1 40,000
1 1 1 150,000
0 1 1.5 105,000
0 2 2 170,000
2009 PBLPathways
0.5 R3 + R1 R1-1.5 R3 + R2 R2
2 2 4 6
2 3 1 1
0 1 3 5
1 0 0 65,000
0 1 0 45,000
0 0 1 40,000
65,000
45,000
40,000
x
y
z
Invest $65,000 in the Potus Fund
Invest $45,000 in the Stong Fund
Invest $40,000 in the Franklin Fund
-1 R2 + R1 R12R2 + R3 R3
0 2 3 210,000
0 2 2 170,000
0 0 1 40,000
1 0 0.5 45,000
0 1 1.5 105,000
0 0 1 40,000
1 1 1 150,000
0 1 1.5 105,000
0 2 2 170,000
2009 PBLPathways
0.5 R3 + R1 R1-1.5 R3 + R2 R2
2 2 4 6
2 3 1 1
0 1 3 5
1 0 0 65,000
0 1 0 45,000
0 0 1 40,000
65,000
45,000
40,000
x
y
z
Invest $65,000 in the Potus Fund
Invest $45,000 in the Stong Fund
Invest $40,000 in the Franklin Fund
-1 R2 + R1 R12R2 + R3 R3
0 2 3 210,000
0 2 2 170,000
0 0 1 40,000
1 0 0.5 45,000
0 1 1.5 105,000
0 0 1 40,000
1 1 1 150,000
0 1 1.5 105,000
0 2 2 170,000
2009 PBLPathways
0.5 R3 + R1 R1-1.5 R3 + R2 R2
0 0 0.5 20,000
1 0 0.5 45,000
1 0 0 65,000
1 0 0 65,000
0 1 0 45,000
0 0 1 40,000
65,000
45,000
40,000
x
y
z
Invest $65,000 in the Potus Fund
Invest $45,000 in the Stong Fund
Invest $40,000 in the Franklin Fund
-1 R2 + R1 R12R2 + R3 R3
0 2 3 210,000
0 2 2 170,000
0 0 1 40,000
1 0 0.5 45,000
0 1 1.5 105,000
0 0 1 40,000
1 1 1 150,000
0 1 1.5 105,000
0 2 2 170,000
2009 PBLPathways
0.5 R3 + R1 R1-1.5 R3 + R2 R2
0 0 0.5 20,000
1 0 0.5 45,000
1 0 0 65,000
1 0 0 65,000
0 1 0 45,000
0 0 1 40,000
65,000
45,000
40,000
x
y
z
Invest $65,000 in the Potus Fund
Invest $45,000 in the Stong Fund
Invest $40,000 in the Franklin Fund
-1 R2 + R1 R12R2 + R3 R3
0 2 3 210,000
0 2 2 170,000
0 0 1 40,000
1 0 0.5 45,000
0 1 1.5 105,000
0 0 1 40,000
1 1 1 150,000
0 1 1.5 105,000
0 2 2 170,000
2009 PBLPathways
0.5 R3 + R1 R1-1.5 R3 + R2 R2 1 0 0 65,000
0 1 0 45,000
0 0 1 40,000
65,000
45,000
40,000
x
y
z
Invest $65,000 in the Potus Fund
Invest $45,000 in the Stong Fund
Invest $40,000 in the Franklin Fund
-1 R2 + R1 R12R2 + R3 R3
0 2 3 210,000
0 2 2 170,000
0 0 1 40,000
1 0 0.5 45,000
0 1 1.5 105,000
0 0 1 40,000
1 1 1 150,000
0 1 1.5 105,000
0 2 2 170,000
0 0 1.5 60,000
0 1 1.5 105,000
0 1 0 45,000
2009 PBLPathways
0.5 R3 + R1 R1-1.5 R3 + R2 R2
0 0 1.5 60,000
0 1 1.5 105,000
0 1 0 45,000
1 0 0 65,000
0 1 0 45,000
0 0 1 40,000
65,000
45,000
40,000
x
y
z
Invest $65,000 in the Potus Fund
Invest $45,000 in the Stong Fund
Invest $40,000 in the Franklin Fund
-1 R2 + R1 R12R2 + R3 R3
0 2 3 210,000
0 2 2 170,000
0 0 1 40,000
1 0 0.5 45,000
0 1 1.5 105,000
0 0 1 40,000
1 1 1 150,000
0 1 1.5 105,000
0 2 2 170,000
2009 PBLPathways
0.5 R3 + R1 R1-1.5 R3 + R2 R2
0 0 1.5 60,000
0 1 1.5 105,000
0 1 0 45,000
1 0 0 65,000
0 1 0 45,000
0 0 1 40,000
65,000
45,000
40,000
x
y
z
Invest $65,000 in the Potus Fund
Invest $45,000 in the Stong Fund
Invest $40,000 in the Franklin Fund
-1 R2 + R1 R12R2 + R3 R3
0 2 3 210,000
0 2 2 170,000
0 0 1 40,000
1 0 0.5 45,000
0 1 1.5 105,000
0 0 1 40,000
1 1 1 150,000
0 1 1.5 105,000
0 2 2 170,000
2009 PBLPathways
0.5 R3 + R1 R1-1.5 R3 + R2 R2
0 0 1.5 60,000
0 1 1.5 105,000
0 1 0 45,000
1 0 0 65,000
0 1 0 45,000
0 0 1 40,000
65,000
45,000
40,000
x
y
z
Invest $65,000 in the Potus Fund
Invest $45,000 in the Stong Fund
Invest $40,000 in the Franklin Fund
-1 R2 + R1 R12R2 + R3 R3
0 2 3 210,000
0 2 2 170,000
0 0 1 40,000
1 0 0.5 45,000
0 1 1.5 105,000
0 0 1 40,000
1 1 1 150,000
0 1 1.5 105,000
0 2 2 170,000