Question:

One safe investment pays 7 per year and a more risky

Last updated: 10/10/2023

One safe investment pays 7 per year and a more risky

One safe investment pays 7 per year and a more risky investment pays 9 per year a How much must be invested in each account if an investor of 96 000 would like a return of 7 240 per year b Why might the investor use two accounts rather than put all the money in the 9 investment a is invested in the 7 account is invested in the 9 account b Why might the investor use two accounts OA Investing in two accounts always yields more money than investing in just one account OB Although the 9 account earns more interest the 7 account has no hidden fees OC The 9 investment is riskier than the 7 investment There is a greater chance the investor will lose money if it is all placed in the 99 OD The 9 account does not earn as much interest as the 7 account