Stormy E.

asked • 09/13/15

how much money was invested in the CD account

a mother wants to invest 14,000.00 for her sons future education.She invesst a portion of the money in a bank certificateof deposite (CD account) witch earns 4% and the remainder in a savings bond that earns 7% if the total interest earned after one year is 840.00,how much money was invested in the CD account

1 Expert Answer

By:

Alexander B. answered • 09/13/15

PhD in Engineering with 15+ yrs of Math Teaching Experience

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