An investor has $300,000 to invest. If part is invested at 5% and the rest at 9%,
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An investor has $300,000 to invest. If part is invested at 5% and the rest at 9%, how much should be invested at 5% to yield 8% on the total amount?
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Let x amount invested at 5 Then 300000 ...View the full answer
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Related Book For
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
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