Sin A.

asked • 05/03/20

How much money was deposited in the CD?

To save for the purchase of a new car, a deposit was made into an account that earns 9% annual simple interest. Another deposit, $1500 less than the first deposit, was placed in a certificate of deposit (CD) earning 10% annual simple interest. The total interest earned on both accounts for 1 year was $610. How much money was deposited in the CD?

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