Question 1203522
high-yield mutual fund that earns 14% annual simple interest
. let amount be x

 A second deposit, $2,400 more than the first, was placed in a certificate of
deposit eaming 7% annual simple interest in one year,-> (x+2400)

Total interest in One year = $567

Interest equation

14%x + 7%(x+2400) = 567

0.14x +0.07(x+2400)= 567

0.14x +0.07x+168 = 567
0.21x= 567-168

0,21x = 399
x= 399/0.21
x=1900

 The athlete invested $1,900 in the high-yield mutual fund.

Check

1900*14%+4300*7% =567