SOLUTION: man has $93000 invested in stocks at 8%. How much additional money should he invest in cd's at 4% so that the average return on the two investments is 5%?
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: man has $93000 invested in stocks at 8%. How much additional money should he invest in cd's at 4% so that the average return on the two investments is 5%?
Log On
Question 430125: man has $93000 invested in stocks at 8%. How much additional money should he invest in cd's at 4% so that the average return on the two investments is 5%? Answer by mananth(16946) (Show Source):
