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A financial planner has a client with $20,000 to invest. If he invests $10,000 in a certificate of deposit paying 13% annual simple interest, at what rate does the remainder of the money need to be invested so that the two investments together yield at least $2,000 in yearly interest?

A financial planner has a client with $20,000 to invest. If he invests $10,000 in-example-1
User Leejaycoke
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18 votes

Answer:

876

Explanation:

User Ollyc
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