Math for Business note 1.docx

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Department
Mathematics and Statistics
Course
62-194
Professor
Asish Mukhopadhyay
Semester
Fall

Description
Davidson Thursday, September-05-13 Math for Business An investor will invest $90 000 In two funds. The first is a safe investment and it pays 10%. The second is a risky investment and that pays 15%. How much is invested in each to return $10,000 in one year? Step one – define the variables -Let 1 represent the number of dollars invested at 10% (safe investment). -Let X2represen
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