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Richard divided his balance of $37,800 into 8 equal parts. He used 4 parts to invest in the stock market, 1 part to buy 3 necklaces and the remaining parts to buy 5 watches. How much more money did each watch cost than each necklace? (Assume each watch cost the same and each necklace cost the same. Do not include a comma in your answer.)

$.00

Correct!