A mother wants to invest $ 8000.00 for herson's future education. She invests a portion of the

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A mother wants to invest $8000.00 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 $480.00, how much money was invested in the CDaccount?

The total interest earned after one year is $480.00

How much money was invested in the CDaccount?

Posted Date: Jun 27, 2024 02:16 AM

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A mother wants to invest $ 8000.00 for herson's future education. She invests a portion of the

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