SOLUTION: You were left a small inheritance from your Grandmother. Her will Stipulates that you invest 1/4 of the money in stocks 1/4 of the money in bonds, and 1/2 in in US Treasury Bills.
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Question 443192: You were left a small inheritance from your Grandmother. Her will Stipulates that you invest 1/4 of the money in stocks 1/4 of the money in bonds, and 1/2 in in US Treasury Bills. Stocks pay 4% interest annually, bonds pay 8% annually , and US Treasury Bills pay 2% interest annually. If your total interest earned is $4000, how much did you inherent? Answer by josmiceli(19441) (Show Source):
