SOLUTION: A mother wants to invest​ $10,000.00 for her​ son's future education. She invests a portion of the money in a bank certificate of deposit​ (CD account) which earn
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Question 1080378: A mother wants to invest $10,000.00 for her son's future education. She invests a portion of the money in a bank certificate of deposit (CD account) which earns 4% and the remainder in a savings bond that earns 7%. If the total interest earned after one year is $600.00, how much money was invested in the CD account?
Answer by jorel1380(3719) (Show Source): You can put this solution on YOUR website!
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https://www.algebra.com/algebra/homework/real-numbers/real-numbers.faq.question.1080382.html
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