A mother wants to invest $15,000.00 for herson's future education. She invests a portion of the money

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A mother wants to invest $15,000.00

for herson's future education. She invests a portion of the money in a bank certificate of deposit(CD account) which earns4% and the remainder in a savings bond that earns7%. If the total interest earned after one year is $900.00,

how much money was invested in the CDaccount?

Posted Date: Jun 06, 2024 05:13 PM

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A mother wants to invest $15,000.00 for herson's future education. She invests a portion of the money

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