How should you divide your money between fund a and fund b

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you have $750,000 in an IRA (individual ritirement account) at the time you retire. You have the options of investing this money in two funds. Fund A pays 2.9% annually and fund B 7.9% annually. How should you divide your money between Fund A and Fund B to produce an annual interest income $51,750.

Reference no: EM13209150

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How should you divide your money between fund a and fund b : you have $750,000 in an IRA (individual ritirement account) at the time you retire. You have the options of investing this money in two funds. Fund A pays 2.9% annually and fund B 7.9% annually. How should you divide your money between Fund A and ..

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