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Mathematics, 29.03.2021 19:20 erikloza12pdidtx

Pierre inherited $542.000 from his unde and decided to invest the money. He put part of the money in a money market account that earns 4.5% simple interest. The remaining money was invested in a stock that returned 4% in the first year and a mutual fund that lost 3% in the first year, He invested \$10,000 more in the stock than in the mutual fund, and his net gain for 1 yr was $3260. Determine the amount invested in each account


Pierre inherited $542.000 from his unde and decided to invest the money. He put part of the money i

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Pierre inherited $542.000 from his unde and decided to invest the money. He put part of the money in...
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