Lakeem invested money in two types of mutual funds: $2800 in low-risk funds and $700 in high-risk
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Lakeem invested money in two types of mutual funds: $2800 in low-risk funds and $700 in high-risk funds. If the value of the low-risk funds dropped by 10% and that of the high-risk funds grew by 30%, by what percent did the total value of his investments change?
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Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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