Sydney A.

asked • 04/28/15

Find the total return

You have already invested $300 in a stock with an annual return of 11%. How much of an additional $1,400 should be invested at 12% and how much at 6% so that the total return on the entire $1,700 is 9%? (Round each answer to the nearest cent.)
 
1)How much money at 12%?
2)How much money at 6%?

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