Mathematics, 16.12.2021 20:30, whatnowb
One safe investment pays 10% per year, and a more risky investment pays 13% per year.
a. How much must be invested in each account if an investor of $100,000 would like a return of $10,870 per year?
b. Why might the investor use two accounts rather than put all the money in the 13% investment?
Answers: 2
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One safe investment pays 10% per year, and a more risky investment pays 13% per year.
a. How much...
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