## Answered) Write a Python program to solve the following linear algebra problem: Smith invested \$10,000 on four mutual funds one year ago.

Write a Python program to solve the following linear algebra problem:

Smith invested \$10,000 on four mutual funds one year ago. After one year, the overall yield rates for these four mutual funds are +2%, +4%, +6% and +8%. His year-end account showed \$10,600. He invested the same amounts on two mutual funds with lower yield rates (i.e. +2% and +4%) and the same amounts on two mutual funds with higher yield rates (i.e. +6% and +8%). How much did he initially put onto four mutual funds?

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This question was answered on: Sep 05, 2019

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