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OpenStudy (anonymous):
The Controller (money Manager) for a small company puts some money in a bank account paying 5% per year. He uses some additional money, amounting to 1/3 the amount placed in the bank, to buy bonds paying 6% per year. With the balance of the funds, he buys a 8% certificate of deposit. The first year the investment bring a return of $657. If the total of the investments is $10,000, how much is invested at each rate?
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