Ed invests $68,000 in certificates of deposit (i.e., CDs) paying 1.75%. How much additional money does he
Ed invests $68,000 in certificates of deposit (i.e., CDs) paying
1.75%. How much additional money does he need to invest in stocks
that are expected to generate a return of 11.8% so that the average
return on all of Ed’s investments is 7.5%?