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):
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