One safe investment pays 6% per year, and a more risky investment pays 14% per...
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One safe investment pays 6% per year, and a more risky investment pays 14% per year.a. How much must be invested in each account if an investor of $94,000 would like a return of $7,400 per year?b. Why might the investor use two accounts rather than put all the money in the 14% investment?a. is invested in the 6% account.is invested in the 14% account.b. Why might the investor use two accounts?A. The 14% account does not earn as much interest as the 6% accountB. Investing in two accounts always yields more money than investing in just one account.C. The 14% investment is riskier than the 6% investment. There is a greater chance the investor will lose money if it is all placed in the 14% account.D. Although the 14% account earns more interest, the 6% account has no hidden fees.
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