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You have $250,000 in an IRA (Individual Retirement Account) at the time you retire. You have the option of investing this money in two funds:
You have $250,000 in an IRA (Individual Retirement Account) at the time you retire. You have the option of investing this money in two funds: Fund A pays 4.8% annually and Fund B pays 7.3% annually. How should you divide your money between Fund A and Fund B to produce an annual interest income of $14,250
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