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July 30, 2014

Homework Help: pre calc

Posted by bethany on Thursday, September 19, 2013 at 3:49pm.

Carson wants to invest $100,000 in two ways. He wants to purchase a certificate of deposit that pays 11% per year and invest the rest in coorporate bonds that pay 15% per year. He is looking for a total return of 12%. How much money should Carson place into each investment property?

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