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
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> 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
Log On
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):
