Question

Assume that her total winnings are $ 900000, that the utility bonds will pay 12 percent per year, and that the savings account will pay 3 percent per year.
How much should she allocate to each investment in order for the yearly incomes from them to be the same?

Utility Bonds: $

Savings Account: $

What will be her total yearly income from these investments? $

Answer 1

@Nnesha @freckles

Answer 2

@dan815