Question

Que1 Ginger talks Gary into putting less money in the money market and more money in the stock.
They place $10,000 of their savings into investments. They put some in a money market
account earning 3% interest, some in a mutual fund that has been averaging 7% a year,
and some in a stock that rose 10% last year. If they put $3000 more in the stock than in the
mutual fund and the mutual fund and stock have the same growth in the next year as they did
in the previous year, they will earn $840 in a year. How much money did they put in each of
the three investments?

Answer 1

Answer:

the answer is the investment is