3 (Type an integer or a simplified fraction ) You have $500,000 in an IRA (Individual Retirement Account) at the time you retire You have the option of investing this money in two funds Fund A pays 3 7 annually and Fund B pays 6 2 annually How should you divide your money between Fund A and Fund B to produce an annual interest income of $26,250 You should invest $ in Fund A and $ in Fund B 3 You have $500,000 in an JRA (Indluidual Rebicement Account) at the time you resire You have the option of investing this money in wo funds Fund A pays 3 7 annually and Fund B pays 6 2 annually How should you divide your money between Furd A and Fund B to produce an annual interest income of $26,250 You should invest 5 in Fund A and $ in Fund B

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Question: 3. (Type an integer or a simplified fraction.) You have $500,000 in an IRA (Individual Retirement Account) at the time you retire. You have the

3. (Type an integer or a simplified fraction.) You have $500,000 in an IRA (Individual Retirement Account) at the time you retire. You have the option of investing this money in two funds: Fund A pays 3.7% annually and Fund B pays 6.2% annually. How should you divide your money between Fund A and Fund B to produce an annual interest income of $26,250? You should invest $ in Fund A and $ in Fund B.

$3. (Type an integer or a simplified fraction.) You have $500,000$

3. You have $500,000 in an JRA (Indluidual Rebicement Account) at the time you resire. You have the option of investing this money in wo funds: Fund A pays 3.7% annually and Fund B pays 6.2% annually. How should you divide your money between Furd A and Fund B to produce an annual interest income of $26,250 ? You should invest 5 in Fund A and $ in Fund B

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