Mathematics, 13.04.2020 02:09 edjiejwi

A retired woman has $80,000 to invest. She has chosen one relatively safe investment fund that has an annual yield of 9% and another riskier fund that has a 13% annual yield. How much should she invest in each fund if she would like to earn $8,000 per year from her investments?
9% fund $
13% fund $

Answers: 2

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A retired woman has $80,000 to invest. She has chosen one relatively safe investment fund that has an annual yield of 9% and another riskier fund that has a 13% annual yield. How much should she invest in each fund if she would like to earn $8,000 per year from her investments? 9% fund $ 13% fund $

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Another question on Mathematics

A retired woman has $80,000 to invest. She has chosen one relatively safe investment fund that has an annual yield of 9% and another riskier fund that has a 13% annual yield. How much should she invest in each fund if she would like to earn $8,000 per year from her investments?
9% fund $
13% fund $