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Ed moura has 60000 invested in stocks paying 7%. how much additional money should he invest in certificates of deposit paying 3% so that the average retrun on the two investment…

Ed moura has 60000 invested in stocks paying 7%. how much additional money should he invest in certificates of deposit paying 3% so that the average retrun on the two investment…
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Ed moura has 60000 invested in stocks paying 7%. how much additional money should he invest in certificates of deposit paying 3% so that the average retrun on the two investments is 4%.

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User Thothal
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1 Answer

6 votes
money should he invest in certificates of deposit paying 2% so that the average return on the two investments is 3%
answered
User Justin Beaudry
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8.5k points
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