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12 April, 23:47

A total of $5500 was invested in two accounts. Part was invested in a CD at 2% annual

interest rate and part was invested in a money market fund at 3% annual interest rate. If

the total simple interest for one year was $250, then how much was invested in each

account?

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Answers (1)
  1. 13 April, 01:05
    0
    I think the answer is 800$
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