Question 1012041
Stephanie has a $15,000 worth of savings for the last 3 years. She wants to invest it at 13% per year and 6% on the rest. How much should she invest at each rate if she wants the total income to be $40,000?
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Comment:: At those rates she cannot earn 40,000 in one year.
Is there more to the story?
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Cheers,
Stan H.