Question:
An investment firm invested in two companies last year. They
Last updated: 7/7/2022
An investment firm invested in two companies last year. They invested $8000 in Company A and made a profit of 11%. They invested $24,000 in Company B and made a profit of 13%. Answer the questions below. Do not do any rounding. (a) What was the investment firm's total profit? $ (b) What was the percent profit for their total investment? %