SOLUTION: Joanna decided to invest the $500 that she had received as graduation presents. She invested part in a 10% annual interest money market account and the rest in a 5% annual interest
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Question 122506: Joanna decided to invest the $500 that she had received as graduation presents. She invested part in a 10% annual interest money market account and the rest in a 5% annual interest CD. How much did she invest in the money market account if she made $42.50 in interest during the first year? Answer by josmiceli(6786) (Show Source):
