document.write( "Question 458918: a mother wants to invest $5000 for their children's 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 $300, how much money was invested at each rate? \n" ); document.write( "
Algebra.Com's Answer #314785 by richwmiller(17219)![]() ![]() You can put this solution on YOUR website! a+b=5000 \n" ); document.write( ".04a+.07b=300 \n" ); document.write( "a=1666.67, b=3333.33 \n" ); document.write( " \n" ); document.write( " |