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April 1, 2015

April 1, 2015

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

- pre calc -
**Steve**, Thursday, September 19, 2013 at 6:44pmtreat just like any mixture problem. Add up the returns.

If x is in the CD, then 100000-x is in bonds.

.11x + .15(100000-x) = .12(100000)

x = 75,000

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