Mathematics, 22.08.2020 06:01 itsseand23

Mr. Warren Buffett invested $20 000. Part of it he put in the bank at 5% interest. Part of it he invested in bonds which pay a 7% return. How much money did he put in each vehicle, if his annual income from these
investments was $1200?

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Mr. Warren Buffett invested $20 000. Part of it he put in the bank at 5% interest. Part of it he inv...

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Mr. Warren Buffett invested $20 000. Part of it he put in the bank at 5% interest. Part of it he invested in bonds which pay a 7% return. How much money did he put in each vehicle, if his annual income from these investments was $1200?

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Another question on Mathematics

Mr. Warren Buffett invested $20 000. Part of it he put in the bank at 5% interest. Part of it he invested in bonds which pay a 7% return. How much money did he put in each vehicle, if his annual income from these
investments was $1200?