Solved

Helen Weller Invested $10,000 in an Account That Pays 12

Question 44

Multiple Choice

Helen Weller invested $10,000 in an account that pays 12% simple interest. How much additional money must be invested in an account that pays 15% simple interest so that the average return on
The two investments amounts to 13%?


A) $6000
B) $10,000
C) $5000
D) $7000

Correct Answer:

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