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 ! I’ll give brainliest mark thing.

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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 ! I’ll give brainliest mark thing.

Sagot :

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