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Mathematics, 05.05.2020 03:07 Asterisk
Mark wants to invest $10,000 to pay for his daughter's wedding next year. He will invest some of the money in a short term CD that pays 12% interest and the rest in a money market savings account that pays 5% interest. How much should he invest at each rate if he wants to earn $1,088 in interest in one year?
short term CD $
money market $
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Mark wants to invest $10,000 to pay for his daughter's wedding next year. He will invest some of the...
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