Mathematics

13 April, 14:35

A financial planner wants to invest $8,000, in some high risk stocks earning 15% annually and the rest in safer mutual funds earning 6% annually. How much should be invested at each rate to get a return of $930 annually from the two investments

+2

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “A financial planner wants to invest $8,000, in some high risk stocks earning 15% annually and the rest in safer mutual funds earning 6% ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

What is the algebraic expression for 12 less one fourth of a number

Out of 30 questions Adam answered 12 inncorectly. What percent of the questions did he answer correctly

Barney drove 210 miles in 3 3/4 hours. What was his average speed

A movie made $297.2 million in 22 weeks. How much did the movie make on average each week?

What is 25℅ of 86 mathmatics

New Questions in Mathematics

What is - 1 2/3 + 5/6

A pan of brownies was left on the counter and 1/4 of the brownies had already been eaten. Then John came along and a 2/3 of the brownies that were left. How much of the whole pan of brownies did John eat?

There are 12 eggs in one dozen, and 12 dozen in one gross. How many eggs are in a shipment of 24 gross

Is integers be written as the product or quotient of the two integers

How do you decrease 280 by 95%