One safe investment pays 8% per year, and a more risky investment pays 9% per...
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Accounting
One safe investment pays per year, and a more risky investment pays per year. a How much must be invested in each account if an investor of $ would like a return of $ per year? b Why might the investor use two accounts rather than put all the money in the investment? a $ is invested in the count. $ is invested in the account.
One safe investment pays per year, and a more risky investment pays per year.
a How much must be invested in each account if an investor of $ would like a return of $ per year?
b Why might the investor use two accounts rather than put all the money in the investment?
a $ is invested in the count.
$ is invested in the account.
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