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Leticia Has Been Tacking Two Volatile Stocks

Question 180

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Leticia has been tacking two volatile stocks. Stock A over the last year has increased 7%, and stock B has increased 10% (using a simple interest model). She has $14,300 to invest and would like to split it between the two stocks. If the stocks continue to perform the same rate, how much should she invest in each to result in a balance of $15,559.

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$5,700 in ...

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