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24 February, 08:06

Alyssa received $30,000 from an inheritance and invests part in a certificate of deposit paying 5% annual interest and the rest in Apple Inc. offering an annual return of 11%. If the annual income from her investments is $2,220, how much did Alyssa invest in each?

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  1. 24 February, 11:09
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    0.05*12 + 0.11*12 = 2220
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