Question: Leticia has been tracking two volatile stocks. Stock A over the last year has increased 10%, and stock B has increased 14% (using a simple
Leticia has been tracking two volatile stocks. Stock A over the last year has increased 10%, and stock B has increased 14% (using a simple interest model). She has $10,000 to invest and would like to split it between these two stocks. If the stocks continue to perform at the same rate, how much should she invest in each for one year to result in a balance of $11,260?
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