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Avery and Caden have saved $27,000 towards a down payment on a house. They want to keep some of the money in a bank account that pays 2.4% annual...
Avery and Caden have saved $27,000
towards a down payment on a house. They want to keep some of the money in a bank account that pays 2.4%
annual interest and the rest in a stock fund that pays 7.2%
annual interest. How much should they put into each account so that they earn 6%
interest per year?