You win $10 000 in a Best Math Student competition. Being a generous person, you decide to invest the money
1 answer:
Cumulative costs of the investments of a mutual fund you currently hold are the amount invested . Net Investment is one investment action's net amount of inflow .
Invested Amount in PP Invested Amount in TT Solution:
The formula for calculating the simple interest:
Total amount = 10000
Let :
Invested Principle (PP) ............................. (i)Invested Amount in TT ................................. (ii)From both investments total earned interest = $620
Therefore,
Invested Amount in PP Invested Amount in TT Learn more :
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