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?