nandnihirani nandnihirani
  • 12-01-2024
  • Mathematics
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Charlene’s grandmother gifted her a $2500 investment that earns 9% per year. She has the opportunity to invest in another fund that would earn a guaranteed 5% per year. How much should she invest in the new fund if she wants to receive a total of $500 in investment income each year?

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