Determine smallest amount can invest in four years


$12000 in two funds paying 4 and 1/2% and 5% simple interest. Goal=$1000 from investments. Determine smallest amount you can invest in 4 and 1/2% fund and still meet the objective?

Request for Solution File

Ask an Expert for Answer!!
Mathematics: Determine smallest amount can invest in four years
Reference No:- TGS0848096

Expected delivery within 24 Hours