How much money was put into each type of investment

Reference no: EM13191038

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 rate in a mutual fund paying 7% annual interest. The annual income from the mutual fund. How much money was put into each type of investment?

Reference no: EM13191038

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How much money was put into each type of investment : 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 rate in a mutual fund paying 7% annual interest. The annual income from the mutual fund. How much money was..

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