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An investor divides a portfolio between a low-risk mutual fund paying 4% per year and a high-risk stock paying 10% such that the amount invested

An investor divides a portfolio between a low-risk mutual fund paying 4% per year and a high-risk stock paying 10% such that the amount invested in the mutual fund is three times the amount invested in the stock.

If the total interest on the portfolio in 1 year is 6780$, determine the amount placed in each investment.

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