A financial planner wants to invest $8000, some in stocks earning 15% annually and the rest in
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A financial planner wants to invest $8000, some in stocks earning 15% annually and the rest in bonds earning 6% annually. How much should be invested at each rate to get a return of $930 annually from the two investments?
Related Book For
Elementary Statistics A step by step approach
ISBN: 978-0073386102
8th edition
Authors: Allan Bluman
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