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A financial planner wants to invest $8000, some in stocks earning 15% annually - 88023
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Mastertutor
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Posted on:
Sun 08 Feb, 2015
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Request Description
A financial planner wants to invest $8000, some in stocks earning 15% annually and the rest in bonds earning 6% annually. How much should be invested at at each rate to get a return of $930 annually from the two investments.
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