kinleybrynn04 kinleybrynn04

16-09-2022
Mathematics

Answered

1) Suppose you $10,000,000 in the lottery. You will put some of your winnings into a savings account that earns 3.69% simple interest per year and the rest rest into a
bond that earns 6.91% simple interrest per year. How much do you put in the savings
account and bond such that after 1 year you have earned a total interest of $500,000? Round 2 decimals

Answer :

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