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Ed has $11,000 invested in stocks paying 8%. How much additional money should he invest in...

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Ed has $11,000 invested in stocks paying 8%.

How much additional money should he invest in certificates of deposit paying 3% so that the average return on the two investments is 4%?

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Finding Constant and Average Rates

from ELM: CSU Math Study Guide

Chapter 11 / Lesson 9
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