Precalculus
Precalculus
17th Edition
ISBN: 9780078035609
Author: Miller, Julie, Gerken, Donna.
Publisher: Mcgraw-hill Education,
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Chapter R, Problem 112RE

Shawna invested a total of $12,000 in tyro mutual funds: an international fund and a real estate fund. After 1 yr. the international fund earned the equivalent of 8.2 % simple interest and the real estate fund returned 1.5 % . If the total earnings at the end of the year was $749 .50, determine the amount invested in each fund.

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