Susan Marciano invested part of her $ 33 comma 000 bonus in a fund that paid a 10 % profit and invested the rest in stock that suffered a 3 % loss. Find the amount of each investment if her overall net profit was $ 2 comma 260.

$25,000(In fund)

$8,000(In stock)

Explanation:

Given:

Total Amount Invested = $33,000

Net profit = $2,260

Let:

Amount invested in fund = a

So, Amount invested in stock = $33,000 - a

Net Profit = Profit in Fund  - Loss in stock

$2,260 = 10% of (a) - [3% of ($33,000 - a)]

$2,260 = 0.10a - ($990 - 0.03a)

$2,260 = 0.10a - $990 + 0.03a)

$3250 = 0.13a

$25,000 = a

Amount invested in fund = $25,000

Amount invested in stock = $33,000 - a

Amount invested in stock = $33,000 - $25,000

Amount invested in stock = $8,000

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forbearance of student loan payments. under forbearance, your loan payments are postponed (or reduced) but interest continues to accrue during the period of forbearance. if you don't pay the interest during that period, the interest may be “capitalized,” which means it is added to your principal balance.