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Investing in four accounts 2009-08-29
From Kenneth:
Hello: An investor wants to divide $1000.00 into four amounts or accounts -- one account earning 2%, the second account earning 5%, the third earning 9%, and the fourth earning 12%. He wants the overall total return to equal 5%. What are some of the monetary amounts that can be invested into these four accounts to earn him the 5% total return, 5% of $1,000.00?
Answered by Penny Nom.
 
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