How much money was put into each fund

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Reference no: EM13195164

to pay for their child's college education, the parents invested $10,000, part in a certificate of deposit paying 8.5% annual interest, the rest in a mutual fund paying 7% annual interest. the annual income from the certificate of deposit is $200 more than the annual income from the mutual fund. how much money was put into each fund?

Reference no: EM13195164

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