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7 October, 13:27

Alyssa received $30,000 from an inheritance and invests part in a certificate of deposit paying 5% annual interest and the rest in Apple Inc. offering an annual return of 11%. If the annual income from her investments is $2,220, how much did Alyssa invest in each?

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  1. 7 October, 13:45
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    0.05*12 + 0.11*12 = 2220
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