Mikhail has a savings portfolio containing $12,000, of which $3,000 is invested in CDs. His friend, Ivan, has $2,000 invested in CDs, and this investment is proportional to Mikhail's. How much money is in Ivan's savings portfolio?
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Home » Mathematics » Mikhail has a savings portfolio containing $12,000, of which $3,000 is invested in CDs. His friend, Ivan, has $2,000 invested in CDs, and this investment is proportional to Mikhail's. How much money is in Ivan's savings portfolio?