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April 18, 2014

Homework Help: Algebra investment

Posted by Maka on Wednesday, April 6, 2011 at 2:43am.

An investor had a total of 25,000 put into a portfolio of stocks, bonds, and mutual funds. In one year, he earned 8% on the stock investment, 10% on the bond investment and 6% on the mutual funds investment. The annual(simple interest) return was $1860. if the amount invested in the mutual fund was twice the investment in bonds, then how much did he originally put in each of the three individual investments?

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