What is the overall rate of return on a $ 1 9 0 , 0 0 0 investment that returns 1 5 on the first $ 5 5 , 0 0 0 and 2 8 on the remaining money The overall rate of return is

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What is the overall rate of return on a $ 1 9 0 , 0 0 0 investment that returns 1 5 % on the

What is the overall rate of return on a $

190, 000

investment that returns

15 %

the first $

55, 000

and

28 %

on the remaining money?

The overall rate of return is

% .

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