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A, mother wants to invest $5000 for her children's education She invests a portion of the money in a bank certificate of deposit (CD account) which earns 4% and the remainder in a sawings bond that earns 7% if the total interest earned after one year is $300 how much money was invested at each rate? How much money was invested in the CD account? $ (Round to the nearest cent) Show transcribed image text
A, mother wants to invest $5000 for her children's education She invests a portion of the money in a bank certificate of deposit (CD account) which earns 4% and the remainder in a sawings bond that earns 7% if the total interest earned after one year is $300 how much money was invested at each rate? How much money was invested in the CD account? $ (Round to the nearest cent)
Show transcribed image text Jean KeelingLv2
29 May 2019