Raymond B. answered 01/14/26
Tutor
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Math, microeconomics or criminal justice
2100/30000 = 21/300 = 7/100 = 7% average return on the two investments at 6% and 9%
9-7 = 2, 7-6 = 1
2/1 = 2 means twice as much invested at 6% as at 9%
$20,000 invested at 6%
$10,000 invested at 9%