Tuesday, January 10, 2012

A renowned mathematician recieved a 60,000 bonus to accept a tenured professorship at a university.?

she invested of the bonus in fixed income securities yielding 6% annually. The rest of the bonus money was invested in a high tech start up expecting to yield 30% annually to it's investors. How much was invested in tech business if she expected to earn 12240 annually from investments

No comments:

Post a Comment