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In ths video I will solve Type 12 of Example 1 word problem: Stocks earn 5%, bond earn 3%, annuities earn 6%. Mandy invests $2000 in bonds. The remainder is invested in stock and annuities. If she wants twice as much invested in annuities compared to stock. How much should she invest in each in order to earn $740?
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First video in this series can be seen at:
https://youtu.be/LkS6AnnnpzM