You win $25,000 and you decide to invest the money in two different investments: one paying 20%

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You win $25,000 and you decide to invest the money in two different investments: one paying 20% and the other paying 8%. A year later you have $27,600 total. How much did you originally invest in each account?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Posted Date: Feb 09, 2023 06:10 AM

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You win $25,000 and you decide to invest the money in two different investments: one paying 20%

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Fundamentals of corporate finance

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