17 Cyndee wants to invest $50,000. Her financial planner advises her to invest in three types of accounts: one paying 3%, one paying 5%, and one paying 6% simple interest per year. Cyndee wants to puttwice as much in the lowest-yielding, least-risky account as in the highest-yielding account. How much should she invest in each account to achieve a total annual return of $2165?least-risky2$intermediate2$highest-yielding2$

Name: 17 Cyndee wants to invest $50,000. Her financial planner advises her t
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Description: 17 Cyndee wants to invest $50,000. Her financial planner advises her to invest in three types of accounts: one paying 3%, one paying 5%, and one paying 6% simple interest per year. Cyndee wants to puttwice as much in the lowest-yielding, least-risky

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Math

Algebra

Cyndee wants to invest $50,000. Her financial planner advises her to invest in three types of accounts: one paying 3%, one paying 5%, and one paying 6% simple interest per year. Cyndee wants to twice as much in the lowest-yielding, least-risky account as in the highest-yielding account. How much should she invest in each account to achieve a total annual return of $2165? least-risky 24 intermediate %24 highest-yielding

Cyndee wants to invest $50,000. Her financial planner advises her to invest in three types of accounts: one paying 3%, one paying 5%, and one paying 6% simple interest per year. Cyndee wants to twice as much in the lowest-yielding, least-risky account as in the highest-yielding account. How much should she invest in each account to achieve a total annual return of $2165? least-risky 24 intermediate %24 highest-yielding

Elementary Algebra

17th Edition

ISBN:9780998625713

Author:Lynn Marecek, MaryAnne Anthony-Smith

Publisher:Lynn Marecek, MaryAnne Anthony-Smith

Chapter3: Math Models

Section3.3: Solve Mixture Applications

Problem 3.63TI: Orlando is mixing nuts and cereal squares to make a party mix. Nuts sell for $7 a pound and cereal...

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