Question 1128038: Laura inherits $35,000 and decides to invest part of it in an education account for her daughter and the rest in a 10-year CD. If the amount she puts in the education account is $11,000 more than twice the amount she puts in the CD, how much money does Laura invest in the CD?
a. If x represents the amount she put into the CD, how would you represent the amount she invested in the education account using this x variable?
b. Write the equation that could be used to find the amount she invested in the CD.
c. How much did she invest in each account?
Answer by addingup(3677)   (Show Source):
You can put this solution on YOUR website! total: 35,000
CD = x
education account = 2x+11,000
x+2x+11,000 = 35,000
3x = 24,000
x = 8,000
Laura invests $8,000 in the CD
And she invests 35,000-8,000 = 27,000 in an education account
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