A retired woman has $200,000 to invest. She has chosen one relatively safe investment fund that has an annual yield of
9% and

Question

A retired woman has $200,000 to invest. She has chosen one relatively safe investment fund that has an annual yield of 9% and another riskier fund that has a 13% annual yield. How much should she invest in each fund if she would like to earn $20,000 per year from her investments? 
9% fund $ 
13% fund $

Kunduz · Accepted Answer

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