You Invested a Total of $6,400 in Three Funds at the Beginning

question 67

Short Answer

You invested a total of $6,400 in three funds at the beginning of 2003, including an equal amount in PNF and CMBFX. You earned a total of $391 in interest for the year. How much did you invest in each of the three funds Use the data given in the figure below. $$\begin{array} { | l | l | } \hline & \text { 2003 Yield } \\\hline \text { PNF (Pimco N. Y.) } & 6 \% \\\hline \text { CMBFX (Columbia Ore) } & 5 \% \\\hline \text { SFCOX } & 7 \% \\\hline\end{array}$$
PNF (Pimco N. Y.)
$__________
CMBFX (Columbia Ore)
$__________
SFCOX
$__________

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