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Ed has $15,000 invested in stocks paying 8%. How much additional money should he invest in certificates of deposit paying 4% so...Asked by Paulette
ed moura has $10000 invested in stocks paying 9%. how much additional money should he invest in certificates of deposit paying 4% so that the average return on two investments is 5%
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Answered by
oobleck
.09*10000 + .04x = .05(10000+x)