Please Jenelle invested $13000 in two mutual funds. Fund A earned 5% profit during the first year, while Fund B suffered a 2.5% loss. If she received a total of $290 profit, much had she invested in each mutual fund a

Jenelle invested $ fund A
Jenelle invested $ into fund B

a.   since the profit made in 2012 is equal to the profit made in 2014, the profit is symmetric about the line y = 120,000.

step-by-step explanation:

what’s the question?

1st part is 64,000,000

2nd part 500,000

step-by-step explanation:

(a) {a₁, a₁r, a₁r², … a₁rⁿ⁻¹, …}

(b) $59 398

step-by-step explanation:

(a) the annual sequence of profits

aₙ = a₁rⁿ⁻¹

the model for the sequence of profits is {a₁, a₁r, a₁r², … a₁rⁿ⁻¹, …} .

(b) profit after 15 yr

  a₁ = $ 30 000

  r = 1.05

a₁₅ = 30 000 × 1.05¹⁴

a₁₅ = 30 000 × 1.979 93

a₁₅ = $59 398

the profit in year 15 will be $59 398.