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Investment fund that has an annual yield

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Reference no: EM131050158

A retired woman has $130,000 to invest. She has chosen one relatively safe investment fund that has an annual yield of 9% and another, riskier one that has an annual yield of 13%. How much should she invest in the fund yielding 9% if she would like to earn $14,000 per year from her investments?

Reference no: EM131050158

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