SOLUTION: Jonathan invested a total of $10,000 in two certificates of deposit. One pays 5% interest, and the other pays 6% interest. His total interest at the end of one year is $560. How mu
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: Jonathan invested a total of $10,000 in two certificates of deposit. One pays 5% interest, and the other pays 6% interest. His total interest at the end of one year is $560. How mu
Log On
Question 1031165: Jonathan invested a total of $10,000 in two certificates of deposit. One pays 5% interest, and the other pays 6% interest. His total interest at the end of one year is $560. How much is invested in the CD that pays 5%? Answer by solver91311(24713) (Show Source):