Arnette Dominici: Let X be amount invested in fundLet Y be amount invested in stockso X + Y = 39000, Y = 39000 - X12% of X - 4% loss of Y = 11600.12X - 0.04Y = 11600.12X - 1160 = 0.04Y0.12X - 1160 = 0.04(39000 - X)0.12X - 1160 = 1560 - 0.04X0.12X + 0.04X = 1560 + 11600.16X = 2720X = 17000Y = 39000 - X = 22000that should be right...Show more
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