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Analyzing-investment split between the two funds

Question:

Mathematics - Algebra - Linear Equations

Past history indicates that mutual fund A will earn 11.6% annually while mutual fund B will earn 9.8% annually. If an investment amount is divided between funds A and B so that the expected return will be 11%, how should the investment be split between the two funds?

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Algebra: Analyzing-investment split between the two funds

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Algebra: Analyzing-investment split between the two funds

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