SOLUTION: 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 annuall
Algebra ->
Finance
-> SOLUTION: 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 annuall
Log On
Question 1170732: 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?
