You invest $8,000 in three different types of investmentfunds. The bond fund ret

Question

You invest $8,000 in three different types of investmentfunds. The bond fund returns 3%, the mutual fund returns 5% and thestock fun returns 9%. Interest earned is $460. If you invest 3times more money in the bond and mutual funds than in the stockfund because they are less risky, how much do you invest in eachtype of fund? Please show all work You invest $8,000 in three different types of investmentfunds. The bond fund returns 3%, the mutual fund returns 5% and thestock fun returns 9%. Interest earned is $460. If you invest 3times more money in the bond and mutual funds than in the stockfund because they are less risky, how much do you invest in eachtype of fund? Please show all work

Explanation / Answer

omg thank you so much the answer was perfect and i loved how you explained each step. 5 stars definetly thanks so much

Related Questions

Navigate

• Browse (All)
• Browse Y
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.