SOLUTION: one safe investment pays 10% per year, a more risky investment pays 18% per year. a woman who has $146,700 to invest would like to have an income of $20,190bper year from her inves
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Question 1094647: one safe investment pays 10% per year, a more risky investment pays 18% per year. a woman who has $146,700 to invest would like to have an income of $20,190bper year from her investments. how much should she invest at each rate?
Answer by ikleyn(52803) (Show Source): You can put this solution on YOUR website!
.
If you want to learn on how to solve such problems, read the lesson
- Using systems of equations to solve problems on investment
in this site.
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