Solve the following Problem below: aren has $5000 to invest in two stocks. She decides to invest $3200 in TI stock that pays 11.3% interest and $1800 in a Movie Company stock that pays 10.5% interest in which both were compounded daily. How much money would she MAKE/PROFIT after investing for two years? (based on a bank year of 360 days) 2220.55 4011.30 1231.85 6231.85
Solve the following Problem below: aren has $5000 to invest in two stocks. She decides to invest $3200 in TI stock that pays 11.3% interest and $1800 in a Movie Company stock that pays 10.5% interest in which both were compounded daily. How much money would she MAKE/PROFIT after investing for two years? (based on a bank year of 360 days) 2220.55 4011.30 1231.85 6231.85
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter7: Applying Fractions
Section7.7: Mixture Problems
Problem 7P
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