Daniel invested a total of 50 000 in two funds a and b he


Daniel invested a total of $50, 000 in two funds A and B. He earned 8% on his investment in fund A and 12% on his investment in fund B. If he earned a total of $4, 800 for the year, how much did he invest in each fund?

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: Daniel invested a total of 50 000 in two funds a and b he
Reference No:- TGS02136933

Expected delivery within 24 Hours