aprilcastaneda08 aprilcastaneda08

08-10-2016
Mathematics

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Help help help please.....A financial planner wants to invest $8,000, some in high risk stocks earning 15% annually and the rest in safer mutual funds earning 6% annually. How much should be invested at each rate to get a return of $930 annually from the two investment?

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softball1424 softball1424

08-10-2016

you should invest $3000 at 6% and $5000 at 15% to earn $930 annually.

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