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Sheri has $15,200 to invest in mutual funds and in bonds. Sheri has selected a mutual fund that earns 1% a year and a bond that earns 4% a year. If she wants to earn $548 at the end of the first year, how much does she need to invest into each type of account?
Sheri will need to invest $___________in the bond and $___________in the mutual fund.
Sagot :
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