Short Answer
Paula split an inheritance between two investments, one a certificate of deposit paying 7% annual interest, and the other a promising biotech company offering an annual return of 10%. She invested twice as much in the 10% investment as she did in the 7% investment. If her combined annual income from the two investments was $4,050, how much did she inherit?
$__________
Correct Answer:
Verified
Correct Answer:
Verified
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