Mathematics, 04.08.2019 01:30 katiekern5207
Amother earned $7500.00 from royalties on her cookbook. she set aside 20% of this for a down payment on a new home. the balance will be used for her son's future education. she invests a portion of the money in a bank certificate of deposit (cd account) that 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 at each rate?
Answers: 1
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Amother earned $7500.00 from royalties on her cookbook. she set aside 20% of this for a down payment...
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