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One safe investment pays 8% per year, and a more risky investment pays 14% per...

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Basic Math

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One safe investment pays 8% per year, and a more risky investment pays 14% per year.a. How much must be invested in each account if an investor of $94,000 would like a return of $8,780 per year?b. Why might the investor use two accounts rather than put all the money in the 14% investment?a. is invested in the 8% account.

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