SOLUTION: Ed Moura has ​$32000 invested in stocks paying 8​%. How much additional money should he invest in certificates of deposit paying 2​% so that the average return on
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Question 1123593: Ed Moura has $32000 invested in stocks paying 8%. How much additional money should he invest in certificates of deposit paying 2% so that the average return on the two investments is 3%?
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
\ +\ 0.02x\ =\ 0.03(32000\ +\ x))
Solve for 
John
My calculator said it, I believe it, that settles it
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