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Mathematics, 13.02.2020 20:51 catycrist

You save $8,500.00. Your original plan was to place 40% in a savings account earning a 4.2% APR compounded annually and the rest in a stock plan that decreases 3% in the first year and increases 7.5% in the second year. If you had invested 60% in the savings account and the rest in the stock plan, what is the difference in the total gain compared to the original plan?

$81.91

$73.12

$75.99

$85.25

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Answers: 1

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