Answer:
Explanation:
0.14x + 0.06(20,500 - x) = 2,670.00
0.14x + 1,230 - 0.06x = 2,670.00
0.08x + 1,230 = 2,670.00
0.08x = 2,670.00 - 1,230
0.08x = 1,440.00
x = 1,440.00 / 0.08
x = 18,000.00
invested $18,000.00 in the bond account and $2,500.00 (20,500 - 18,000) in the certificate of deposit account.