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usagimiller
usagimiller
10.11.2020 • 
Mathematics

Paul has $20,000 to invest. His intent is to earn 10.5% interest on his investment. He can invest part of his money at 7% interest and part at 12% interest. How much does Paul need to invest in each option to make 10.5% interest on his investment? Paul should invest $
and $
to earn 10.5% on his investments.

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