Question:

A mother earned 13750 00 from royalties on her cookbook She

Last updated: 5/26/2023

A mother earned 13750 00 from royalties on her cookbook She

A mother earned 13750 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 660 00 how much money was invested at each rate How much money was invested in the CD account Round to the nearest cent