Mark M. answered • 02/05/18
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x at 14%
18050 - x at 10%
0.14x + 0.10(18050 - x) = 2269
Can you solve for x and answer?
Adrian R.
asked • 02/05/18A rollover IRA of $18,050 was invested in two mutual funds, one earning 14% interest and the other earning 10%. After 1 year, the combined ?
A rollover IRA of $18,050 was invested in two mutual funds, one earning 14% interest and the other earning 10%. After 1 year, the combined interest income is $2,269. How much was invested at each rate?
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