Steve has $25,000 to invest and wishes to earn an overall annual rate of return of 8%. His financial advisor recommends that he
invest some of the money in a 5-year CD paying 4% per annum and the rest in a corporate bond paying 9% per annum. How much should Steve place in each investment in order to achieve his goal?
If you can solve this, can you please show your work and explain what I need to plug in where, and what equation I need to use? This is so confusing.
If you can solve this, can you please show your work and explain what I need to plug in where, and what equation I need to use? This is so confusing.
1 answer:
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Usando proporciones, se encuentra que 400 africanos han participado.
En total, hay x participantes.
de los corredores son europeos, o sea:
Los americanos son la dècime parte de los europeos, o sea:
Los africanos son la quinta parte de los americanos, o sea:
En la carrera han inscritos 24 000 participantes, o sea, . Por eso, la cantidad de africanos es:
Para obtener más información sobre las proporciones, puedes visitar a brainly.com/question/24615636