Question
An investor had a total of 25,000 put into a portfolio of stocks, bonds, and mutual funds. In one year, he earned 8% on the stock investment, 10% on the bond investment and 6% on the mutual funds investment. The annual(simple interest) return was $1860. if the amount invested in the mutual fund was twice the investment in bonds, then how much did he originally put in each of the three individual investments?
Answers
an investor invested a total of 1800$ in two mutual funds. one fund earned a 5 % profit while the other earned a 3% profit. if the investor's total profit was 80$, how much was investad in mutual fund?
An investor earned $1,462.50 on an investment of $90,000 in 65 days. Find the annual simple interest rate earned on the investment.
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