One safe investment pays 7% per year, and a more risky

Last updated: 7/24/2022

One safe investment pays 7% per year, and a more risky investment pays 8% per year. a. How much must be invested in each account if an investor of $96,000 would like a return of $6,980 per year? b. Why might the investor use two accounts rather than put all the money in the 8% investment? a. $ ____ is invested in the 7% account.