# The percent 2

The percent return rate of a growth fund, income fund, and money market are 10%, 7%, and 5% respectively. Suppose you have 3200 to invest and you want to put twice as much in the growth fund as in the money market to maximize your return. How should you invest to get a return of 250 dollars in 1 year?

**Result****Leave us a comment of this math problem and its solution (i.e. if it is still somewhat unclear...):**

**Showing 0 comments:**

**Be the first to comment!**

Tips to related online calculators

Our percentage calculator will help you quickly calculate various typical tasks with percentages.

Do you have a linear equation or system of equations and looking for its solution? Or do you have quadratic equation?

Do you have a linear equation or system of equations and looking for its solution? Or do you have quadratic equation?

#### Following knowledge from mathematics are needed to solve this word math problem:

## Next similar math problems:

- Growth of wood

The annual growth of wood in the forest is estimated at 2%. In how many years will make the forest volume double? - Mortage hypo loan

The Jonáš family decided to buy an older apartment, which cost EUR 30,000. They found EUR 17,000 and took the loan with the bank for the remaining amount. What interest did they receive if they repay this amount for 15 years at EUR 120 per month? - Volume of wood

Every year, at the same time, an increase in the volume of wood in the forest is measured. The increase is regularly p% compared to the previous year. If in 10 years the volume of wood has increased by 10%, what is the number p? - Alcohol mixing

How much 64% of the alcohol must be poured into 6 liters of 85% alcohol to produce 79% alcohol? - Hiking trail

The newly built hiking trail leads 25% through the field, 3/8 of the trail leads through the forest and the remaining 9 km along the river. How long is the train? - Ducats

The king divided the ducats to his three sons in a ratio of 2: 5: 4. How many ducats the king divided them if the youngest received 260 ducats, which was the least of all sons. - Block or cuboid

The wall diagonals of the block have sizes of √29cm, √34cm, √13cm. Calculate the surface and volume of the block. - Vector perpendicular

Find the vector a = (2, y, z) so that a⊥ b and a ⊥ c where b = (-1, 4, 2) and c = (3, -3, -1) - Vector equation

Let’s v = (1, 2, 1), u = (0, -1, 3) and w = (1, 0, 7) . Solve the vector equation c1 v + c2 u + c3 w = 0 for variables c1 c2, c3 and decide weather v, u and w are linear dependent or independent - Cuboid and ratio

Find the dimensions of a cuboid having a volume of 810 cm^{3}if the lengths of its edges coming from the same vertex are in ratio 2: 3: 5 - Large family

I have as many brothers as sisters and each my brother has twice as many sisters as brothers. How many children do parents have? - Runners

If John has a running speed of 3.5miles per hour and Lucy has a speed of 5 miles per hour. If John starts running at 10:00 am and Lucy starts running at 10:30 am, at what time will they meet? (as soon as possible) - Aircraft angines

The two engines of the aircraft are enough to supply the fuel for five hours of operation. However, one of the engines has a malfunction and thus consumes one-third more fuel. How long can the plane be in the air before it runs out of fuel? After an hour - Three faces of a cuboid

The diagonal of three faces of a cuboid are 13,√281 and 20 units. Then the total surface area of the cuboid is. - Water container

The cube-shaped container is filled to two-thirds of its height. If we pour 18 liters, it will be filled to three-fifths of the height. What is the volume of the whole container? - Nádoba

Nádoba tvaru kostky je naplněna vodou do poloviny své výšky. Pokud dolijeme 20 l vody, bude nádoba naplněna do tří čtvrtin své výšky. Jaký je objem celé nádoby? - Vegetable meal

The cook was doing meal - in ratio 4: 3: 1 mix tomatoes: pepper: onion. Onions were 5 kg less than peppers. How many kgs of tomatoes did he need to prepare the meal?