5. An investor has 20 thousand dollars to invest among 4 possible investments. Each investment must be made in $1,000 increments. How many different investment options are there if the entire $20,000 is invested? What if not all the money need be invested?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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5. An investor has 20 thousand dollars to invest among 4 possible investments. Each
investment must be made in $1,000 increments. How many different investment options
are there if the entire $20,000 is invested? What if not all the money need be invested?
Transcribed Image Text:5. An investor has 20 thousand dollars to invest among 4 possible investments. Each investment must be made in $1,000 increments. How many different investment options are there if the entire $20,000 is invested? What if not all the money need be invested?
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