document.write( "Question 1164560: Eduardo has $8500.00 to invest. He invests 75% of his money in Fund A and 25% in Fund B. Fund A earns 3.5% simple interest annually, while Fund B earns 4.2% simple interest annually. After two years, how much money will Eduardo have? \n" ); document.write( "
Algebra.Com's Answer #788966 by ikleyn(52788)![]() ![]() You can put this solution on YOUR website! . \n" ); document.write( " \r\n" ); document.write( "\r\n" ); document.write( " After two years, Ed will have 0.75*8500*(1+2*0.035) + 0.25*8500*(1+2*0.042) dollars.\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "You do all necessary arithmetic.\r\n" ); document.write( "\r \n" ); document.write( "\n" ); document.write( "Solved.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |