Multiple Choice
Suppose that you receive an inheritance of $48,000. You decide to invest some of the money in stocks and some in certificates of deposit (CDs) . Because the CDs are a less risky investment you want to put 3 times as much into CDs as stocks. How much are you going to invest in each type of account?
A)
B)
C)
D)
E) none of these
Correct Answer:

Verified
Correct Answer:
Verified
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