SOLUTION: You have already invested $550 in a stock with an annual return of 11%. How much of an additional $900 should be invested at 12% and how much at 6% so that the total return on the

SOLUTION: You have already invested $550 in a stock with an annual return of 11%. How much of an additional $900 should be invested at 12% and how much at 6% so that the total return on the

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Question 662031: You have already invested $550 in a stock with an annual return of 11%. How much of an additional $900 should be invested at 12% and how much at 6% so that the total return on the entire $1,450 is 9%?
Answer by ReadingBoosters(3246) (Show Source): You can put this solution on YOUR website!
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