Mathematics, 05.12.2021 01:10, martamsballet
One safe investment pays 8% per year, and a more risky investment pays 12% per year.
a. How much must be invested in each account if an investor of $109,000 would like a return of $9.920
b. Why might the investor use two accounts rather than put all the money in the 12% investment?
Answers: 3
One safe investment pays 8% per year, and a more risky investment pays 12% per year.
a. How much m...
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