Olive wants to invest $ 1 5 , 0 0 0 with the goal of earning 1

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Olive wants to invest $

15, 000

with the goal of earning

10 %

interest. she wants to put some of the money in an investment that has been earning

7 %

a year and the rest of the money in an investment that typically earns

11 %

a year. How much money should be invested at

11 %

interest for Olive to obtain her goal of an overall

10 %

interest?

Posted Date: May 18, 2024 11:19 AM

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Olive wants to invest $ 1 5 , 0 0 0 with the goal of earning 1

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