A banker has $1000 to invest. She deposits part of it in a stock paying 4%, and the rest in bonds that offer 5% return. If the total interest earned in one year was $440, how much was invested at each rate?
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Home » Mathematics » A banker has $1000 to invest. She deposits part of it in a stock paying 4%, and the rest in bonds that offer 5% return. If the total interest earned in one year was $440, how much was invested at each rate?