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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
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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?

User Foad Nosrati Habibi
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1 Answer

5 votes
I think the answer is 800$
User Kevin Doyon
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