Question: You have $ 5 0 0 , 0 0 0 in an IRA ( Individual Retirement Account ) at the time you retire. You have

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 1.1% annually and Fund B pays 6.1% annually. How should you divide your money between Fund A and Fund B to produce an annual interest income of $21,000?
You should invest $ in Fund A and $ in Fund B.
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 You have $500,000 in an IRA (Individual Retirement Account) at the

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