Mathematics
Mathematics, 26.10.2020 04:10, tyrique86

5. Your teacher invested $5000 in three funds. After a year they had $5450. The growth fund had a return rate of 12%, the income fund had a return rate of 8%, and the money market fund
had a return rate of 5%. Your teacher invested twice as much in the income fund as in the
money market fund. How much money was invested in each fund?

answer
Answers: 3

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5. Your teacher invested $5000 in three funds. After a year they had $5450. The growth fund had a r...

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