SOLUTION: 1)You have already invested $450 in a stock with an annual return of 11%. How much of an additional $1,000 should be invested at 12% and how much at 6% so that the total return on
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Question 717666: 1)You have already invested $450 in a stock with an annual return of 11%. How much of an additional $1,000 should be invested at 12% and how much at 6% so that the total return on the entire $1,450 is 9%? (Round each answer to the nearest cent.) Answer by solver91311(24713) (Show Source):
