Mathematics, 21.03.2021 23:40, FavvBella84
Alan invests a total of $16,500 in three different ways. He invests one part in a mutual fund which in the first year has a return of 11%. He invests the second part in a government bond at 7% per year. The third part he puts in the bank at 5% per year. He invests twice as much in the mutual fund as in the bank. The first year Alan's investments bring a total return of $1,425. How much did he invest in each way?
Answers: 2
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Alan invests a total of $16,500 in three different ways. He invests one part in a mutual fund which...
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