Mathematics
Mathematics, 13.09.2021 14:00, lnorred2

A company had $50,000 to invest in three funds. After one year it had $54,500. The growth fund returned 12%, the income fund returned 8%, and the money market fund returned 5%.
The company invested twice as much in the income fund as in the money market fund. How
much did it invest in each fund?

answer
Answers: 1

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A company had $50,000 to invest in three funds. After one year it had $54,500. The growth fund ret...

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