Mathematics
Mathematics, 19.01.2020 08:31, o9623199

Amutual fund pays 6% interest on all funds deposited for 1 month or longer. jim wants to take advantage of the 6%
interest rate and transfers a portion of his savings account to the mutual fund. after one year, jim's investment in the
mutual fund has earned $125 in interest. how much of his savings did jim invest in the mutual fund?

answer
Answers: 1

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Amutual fund pays 6% interest on all funds deposited for 1 month or longer. jim wants to take advant...

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