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Mathematics, 15.12.2021 22:40 MarissaHuey

Cyndee wants to invest $50,000. Her financial planner advises her to invest in three types of accounts: one paying 4%, one paying 5.5%, and one paying 7% simple interest per year. Cyndee wants to put twice as much in the lowest-yielding, least-risky account as in the highest-yielding account. How much should she invest in each account to achieve a total annual return of $2585?

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Cyndee wants to invest $50,000. Her financial planner advises her to invest in three types of accoun...
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