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Ed Moura has $65000 invested in stocks paying 6% . How much additional money should he invest in certificates of deposit paying 3% so that
Ed Moura has
$65000
invested in stocks paying
6%
. How much additional money should he invest in certificates of deposit paying
3%
so that the average return on the two investments is
4%
?\ He should invest
$
in certificates of deposit.\ (Simplify your answer. Type an integer or a decimal.)
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