Mathematics
Mathematics, 05.05.2021 19:00, jholland03

Fernando invested money in a 3-yr CD (certificate of deposit) that returned the equivalent of 4.7% simple interest. He invested $4000 less in a 30-month CD that had a 3% simple interest return. If the total amount of interest from these investments was
$672.00, determine how much was invested in each CD.

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Answers: 3

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Fernando invested money in a 3-yr CD (certificate of deposit) that returned the equivalent of 4.7% s...

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