Mathematics

Kole Rowe

17 March, 10:51

Cara wants to invest $16,000 in certificates of deposit (CDs). For tax purposes, she wants her total interest per year to be $900. She wants to put $1000 more in a 2-year CD than in a 1-year CD and invest the rest in a 3-year CD. How much money should she invest in each type of CD?

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