Mathematics, 16.03.2020 07:10 25cotahai
Vern sold his 1964 Ford Mustang for $55,000 and wants to invest the money to earn him 3.6% interest per year. He will put some of the money into Fund A that earns 2% per year and the rest in Fund B that earns 10% per year. How much should he invest into each fund (in dollars) if he wants to earn 3.6% interest per year on the total amount?
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Vern sold his 1964 Ford Mustang for $55,000 and wants to invest the money to earn him 3.6% interest...
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