A mother wants to invest $6,000.00 for her son's future education. She invests a portion of the money in a bank certificate of deposit(CD account) which earns 4% and the remainder in 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?
A mother wants to invest $6,000.00 for her son’s future education. She invests a portion of the money in a bank
certificate of deposit(CD account) which earns 4% and the remainder in 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?
"Looking for a Similar Assignment? Order now and Get 10% Discount! Use Code "Newclient"
Need assignment help for this question?
If you need assistance with writing your essay, we are ready to help you!
OUR PROCESS
Order
Payment
Writing
Delivery
Why Choose Us: Cost-efficiency, Plagiarism free, Money Back Guarantee, On-time Delivery, Total Сonfidentiality, 24/7 Support, 100% originality
