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14 February, 03:15

Suppose that you received an unexpected inheritance of $36,000. You have decided to invest the money by placing some of the money in stocks that pay 6.46% and the rest in bonds that pay 8%. How much should you place in each investment in order to earn 7%, or $2520 annually?

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  1. 14 February, 03:31
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    The answer that I really don't know
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