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Mathematics, 18.09.2019 17:10 awarnk

You have $250 comma 000 in an ira (individual retirement account) at the time you retire. you have the option of investing this money in two funds: fund a pays 2.4% annually and fund b pays 7.4% annually. how should you divide your money between fund a and fund b to produce an annual interest income of $9 comma 000?

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