Axis inc invested20000 and 30000 respectively on two


Axis inc. invested$20,000 and $30,000 respectively, on two investments that yielded a combined rate of return of 10% compounded for five years. If the rate of return on the first investment was 12% what is the return the company obtained on the second investment?

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Business Economics: Axis inc invested20000 and 30000 respectively on two
Reference No:- TGS01548787

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