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Mathematics 21 Online
OpenStudy (anonymous):

I need help with a question on my homework. It's probably really easy to figure out, but I just can't get the answer. :/ Ashley has $120,000 to invest and decides to put some in a CD that earns 4% interest per year and the rest in a low-risk stock that earns 7%. How much did she invest in each to earn %7,800 interest in the first year?

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