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Suppose you deposit 50,000 into a savings account that pays 3.5% interest. You then take the rest of the money and deposit it into a
Suppose you deposit 50,000 into a savings account that pays 3.5% interest. You then take the rest of the money and deposit it into a CD that pays 2.45% interest. At the end of 15 years, the total value of both accounts is 71,525. How much did you deposit into each account?
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