After being rejected for employment, Kim Kelly learns that the Bellevue Credit Company has hired only two women among the last 2
0 new employees. She also learns that the pool of applicants is very large, with an approximately equal number of qualified men as qualified women. Help her address the charge of gender discrimination by finding the probability of getting two or fewer women when 20 people are hired, assuming that there is no discrimination based on gender.Does the resulting probability really support such a charge?
1 answer:
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Answer:
$12000 should be invested in a fund with a 4% return.
Step-by-step explanation:
Consider the provided information.
An amount of $15,000 is invested in a fund that has a return of 6%.
We need to calculate how much money is invested in a fund with a 4% return if the total return on both investments is $1380.
Let $x should be invested in a fund with a 4% return.
The above information can be written as:
Hence, $12000 should be invested in a fund with a 4% return.