SOLUTION: You have $70,000 to invest. Part in a mutual runs paying 8% per year, the rest in an EFT paying 12%. You must have a 9% return on the investments. How much should you put in each i

SOLUTION: You have $70,000 to invest. Part in a mutual runs paying 8% per year, the rest in an EFT paying 12%. You must have a 9% return on the investments. How much should you put in each i

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Question 811383: You have $70,000 to invest. Part in a mutual runs paying 8% per year, the rest in an EFT paying 12%. You must have a 9% return on the investments. How much should you put in each investment?
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
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