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Suzanne Invested $14,300 in Two Mutual Fund Accounts: the Abernathy

Question 13

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Suzanne invested $14,300 in two mutual fund accounts: the Abernathy Fund and the Brice Fund. During the subsequent year, The Abernathy Fund earned 4% and the Brice account earned 5%. At the end of the year, the total interest earned was $672. How much did Suzanne invest in each fund?

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$4,300 in the Aberna...

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