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alexandr1967 [171]
3 years ago
9

PLEASE HELP ME I NEED THIS BY TONIGHT!!!! Ed Moura has $85000 invested in stocks paying 5%. How much additional money should he

invest in certificates of depositing paying 2% so that the average return on the two investments is 3%?
Mathematics
1 answer:
bulgar [2K]3 years ago
5 0

Answer:

$170,000

Step-by-step explanation:

(1.05(85000))+1.02x=1.03(85000)+1.03y

honestly not sure but it's the best I got

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