Mathematics, 17.10.2020 16:01 sl1010
Luke received an inheritance of $15000 that he divided into three parts and invested in three ways: in a money-market (x) fund paying 4% annual interest;in municipal bonds (y) paying 3.5% annual interest; and in mutual funds (z) paying 8% annual interest. Luke invested twice in mutual funds than in money-market fund. He earned $845 in interest the first year. How much did Luke invest in each type of fund?
Answers: 2
Mathematics, 21.06.2019 14:50, Felicitybuckman
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