subject
Mathematics, 24.08.2020 02:01 tiffcarina69

Paul has $20,000 to invest. His intent is to earn 11% interest on his investment. He can invest part of his money at 8% interest and part at 12% interest. How much does Paul need to invest in each option to make get a total 11% return on his $20,000?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 19:30
Identify the number as a rational or irrational.explain. 127
Answers: 1
question
Mathematics, 21.06.2019 20:30
Which shows the graph of the solution set of 3y – 2x > –18?
Answers: 1
question
Mathematics, 21.06.2019 23:30
The graph of the the function f(x) is given below. find [tex]\lim_{x \to 0\zero} f(x)[/tex] [tex]\lim_{x \to 1+\oneplus} f(x)[/tex] [tex]\lim_{x \to 0-\zeroneg} f(x)[/tex]
Answers: 1
question
Mathematics, 22.06.2019 00:20
Astudent showed the steps below while solving the inequality |x-4|< 1 by graphing.
Answers: 3
You know the right answer?
Paul has $20,000 to invest. His intent is to earn 11% interest on his investment. He can invest part...
Questions
question
Mathematics, 31.03.2021 20:10
question
Engineering, 31.03.2021 20:10
question
Computers and Technology, 31.03.2021 20:10
question
Mathematics, 31.03.2021 20:10
question
Health, 31.03.2021 20:10
Questions on the website: 13722363