February 25, 2017

Homework Help: math

Posted by Mark on Saturday, November 17, 2012 at 6:23pm.

A mother wnats to invest $6,000 for her son's future education. She invests a portion of the money in a bank certificate of deposit which earns 4% and the remaainder is a savings bond that earns 7%. If the total interest earned after one year is $360.00, how much money was invested in the CD account?

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