Mathematics, 10.03.2021 22:40 cupcake20019peehui
After extensive research, she has identified two promising mutual funds. One has a guaranteed annual Return On Investment (ROI) ROI of 8%. The other has a guaranteed annual ROI of 11.3%. Suppose that $900.00 more is invested in the stock with the guaranteed 11.3% ROI. If the total interest earned after one year is $650.00, how much was invested in each fund?
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