Sherry has 15,200 dollars to invest in mutual funds and in bonds. Sherry has selected a mutual fund that earns 1% a year and a bond that earns 4% a year. If she wants to earn 548 at the end of the first year, how much does she need to invest in each type of account?

PLEASE ANSWER ILL DO ANYTHING. Like give brainliest mark, etc.

Question

06-11-2022
Mathematics

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Sherry has 15,200 dollars to invest in mutual funds and in bonds. Sherry has selected a mutual fund that earns 1% a year and a bond that earns 4% a year. If she wants to earn 548 at the end of the first year, how much does she need to invest in each type of account?

PLEASE ANSWER ILL DO ANYTHING. Like give brainliest mark, etc.

Sagot :

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