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OpenStudy (anonymous):
Teo and mona northrop have saved $5500. They want the amont they invest in a mutual fund to be three times the amount they leave in their savings account. How much money should the northrops put in the mutual fund?
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OpenStudy (anonymous):
Well, divide it into quarters, so 5500/4 = 1375 Then 3 quarters go to mutual and 1 quarter to savings. So, $1375 to the savings, and three times that to metal.
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