I need help in these two algebra word problems!! ITS URGENT..thank u
1) In five year's time, Jamie will be three times as old as he was last year. How old is Jamie now?
2) Last year you inherited $24,000 and decided to invest some of it in a low risk mutual fund, and the rest in a high risk fund. During the year, the low risk fund earned 6%, while the high risk fund lost 3%. If your total investment is now worth $24,900, how much money did you invest in each fund?