Question
You invested money in two funds. Lastyear, the first fund paid a dividend of9% and the second a dividend of3%, and you received a total
You invested money in two funds. Lastyear, the first fund paid a dividend of9% and the second a dividend of3%, and you received a total of $1 comma 005
1,005. Thisyear, the first fund paid a10% dividend and the second only1%, and you received a total of $853. How much money did you invest in eachfund?
How much was invested in the first fund?
How much was invested in the second fund?
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Making Hard Decisions with decision tools
Authors: Robert Clemen, Terence Reilly
3rd edition
538797576, 978-0538797573
