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Mathematics, 08.04.2020 00:06 tyhe

A mother wants to invest $11000 for her children’s education. She invests a portion of the money in a bank certificate of deposit (CD account) which earns 4% and the remainder in a savings bond that earns 7%. If the total interest earned after 1 year is $660, how much money was invested at each rate?

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A mother wants to invest $11000 for her children’s education. She invests a portion of the money in...
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