Question
Mr. Hamilton has 90,000 to invest in a tax-free fund and in a money market fund. The tax-free fund pays 7.1%, and the money market
Mr. Hamilton has 90,000 to invest in a tax-free fund and in a money market fund. The tax-free fund pays 7.1%, and the money market pays 8.2%. How much should he invest in money market to get a return of $6,918?
$43,000
$42,000
$46,000
$48,000
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Financial Management In The Sport Industry
Authors: Matthew T Brown, Daniel Rascher, Mark S Nagel, Chad Mcevoy
1st Edition
1934432040, 978-1934432044
