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April 18, 2014

Homework Help: math

Posted by KaRon on Monday, September 3, 2012 at 11:35pm.

a mother wants to $9000 for her son's future education. She invested a portion of the money in a bank certificate(CD account) which earns 4% and the reminder in a savings bond that earns 7%. If the total interest earned after one year is $540, how much money was invested in the CD account

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