A retired woman has 120000 to invest she has chosen one, Ask an Expert

Management Studies

A retired woman has $120,000 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 $12,000 per year from her investments?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M91945112

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