Expected Yearly Dividends ACGL (ARCH CAPITAL GROUP) 2% EVR (EVERCORE INC) 6% LEU (CENTRUS ENERGY CORP) 4% You plan to invest a total of $13,000  in the three funds shown above, with equal amounts invested in ACGL and LEU. You want to earn a total of $480 in yearly dividends. How much should you invest in each of the three funds? $ _____ in ACGL $  _____in EVR $  _____ in LEU

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter5: Systems Of Equations And Inequalities
Section5.2: Systems Of Linear Equations In Several Variables
Problem 39E: Financial Planning Mark has $100,000 to invest. His Financial consultant advises him to diversify...
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  Expected Yearly Dividends
ACGL (ARCH CAPITAL GROUP) 2%
EVR (EVERCORE INC) 6%
LEU (CENTRUS ENERGY CORP) 4%

You plan to invest a total of $13,000  in the three funds shown above, with equal amounts invested in ACGL and LEU. You want to earn a total of $480 in yearly dividends. How much should you invest in each of the three funds?

$ _____ in ACGL

$  _____in EVR

$  _____ in LEU

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