Mathematics, 05.09.2020 09:01 josephcarriveau
7. You plan to invest $25,000 in two funds paying 11% and 12 % simple interest. Your goal is to obtain a
total annual interest income of $3000 from the investments. What is the smallest amount you can invest in
the 12 % fund in order to meet your objective?
Answers: 3
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7. You plan to invest $25,000 in two funds paying 11% and 12 % simple interest. Your goal is to obta...
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