Solve. -David Has $18,000 to Invest. He Invests $13,000 in a a Mutual

question 250

Multiple Choice

Solve.
-David has $18,000 to invest. He invests $13,000 in a mutual fund that pays 12% annual simple interest. If he wants to make at least $2200 in yearly interest, at what minimum rate does the
Remainder of the money need to be invested?

• A) 11.8%
• B) 14.8%
• C) 12.8%
• D) 10.8%

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Definitions:

Racial Harassment

Unwanted conduct related to a person's race or ethnicity that violates their dignity or creates an intimidating, hostile, degrading, humiliating, or offensive environment.

Employee-Centric

An organizational strategy that places the well-being and development of employees at the center of business priorities.

Absenteeism

The habitual non-attendance of an employee at their job without valid reason.

Turnover

The rate at which employees leave a workforce and are replaced.