Tara and Lamar decide to place $20,000 of their savings into investments. They put some in a
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Tara and Lamar decide to place $20,000 of their savings into investments. They put some in a money market account earning 3% interest, some in a mutual fund that has been averaging 7% a year, and some in a stock that rose 10% last year. If they put $6000 more in the money market than in the mutual fund and the mutual fund and stocks experience the same growth the next year as they did the previous year, they will earn $1180 in a year. How much money did Tara and Lamar put in each of the three investments?
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