. Assume you have $2000 to invest for 1 year. You can make
Chapter 3, Problem 3.2.7(choose chapter or problem)
. Assume you have $2000 to invest for 1 year. You can make a safe investment that yields 4% interest a year or a risky investment that yields 8% a year. If you want to combine safe and risky investments to make $100 a year, how much of the $2000 should you invest at the 4% interest? How much at the 8% interest? (Hint: Set up a system of two equations in two variables, where one equation represents the total amount of money you have to invest and the other equation represents the total amount of money you want to make on your investments.)
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