bd3178
Answered

Aliyah earned a $7000 bonus from her sales job for exceeding her sales goals. After paying taxes at a 30% right, she invested the remaining money into stocks. One stock returns the equivalent of 14% simple interest after one year, and the other returned 4% at the end of one year. If her investments returned $450 (excluding commissions) , How much did she invest in each stock? Round to the nearest dollar, if necessary.
Part one, the amount invested in the stock returning 14% is_______
Part two, the amount invested in the stock returning 4% at the end of one year is____