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01-09-2018
Business

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Suppose that you have placed money in 2 funds: fund a and fund
b. fund a accumulates at 9% effective and fund b at 8% effective. at the end of 10 years, the total of the two funds is 52,000. at the end of 8 years, the amount in fund b is three times that in fund
a. how much is in fund a after 15 years?

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01-09-2018

8% effective. at the end of 10 years, the total of the two funds is 52,000. at the end of 8 years, the amount in fund b is three times that in fund

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