Savon G.

asked • 09/19/21

What is this answer?

A foundation invests ​$70,000 at simple​ interest, a part at 7​%,

twice that amount at 3​%, and the rest at 6.5​%. What is the most that the foundation can invest at 3​% and be guaranteed $4160 in interest per​ year?

The foundation can invest at most ​$ at 3%?


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