Wendy was awarded a volleyball scholarship to the university of michigan, so on graduation her parents gave her the dollar-sign 19,000 they had saved for her college tuition. she opted to invest some money in a privately held company that pays 10 % per year and evenly split the remaining money between a money market account yielding 2 % and a high-risk stock that yielded 40 %. at the end of the first year she had dollar-sign 22,440 total. how much did she invest in each of the three?

Total investment = $19000

Three investments

A. 10% per annum = $X

(Assumed simple interest, since compounding period not known)

B. low risk stock at 2% = (19000-X)/2

C. high risk stock at 40% = (19000-X)/2

Value at the end of one year

10%(X)+2%(19000-X)/2+40%(19000-X)/2 = 22440-19000

Simplify

0.1X+190-0.01X+3800-0.2X=22400-19000

0.11X=3990-3440

X=550/0.11=5000

So investments are $5000 on private company, (19000-5000)/2=7000 on low risk, and 7000 on high-risk.

tell them not to name the burger a cheese burger

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!