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Michael invested a total of $14,000 in two certificates of deposit. One pays 5% interest, and the other pays 6% interest. His total interest at the end of one year is $780. How much is invested in the
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Michael invested a total of $14,000 in two certificates of deposit. One pays 5% interest,

and the other pays 6% interest. His total interest at the end of one year is $780. How
much is invested in the CD that pays 5% interest?

User Xiong Chiamiov
by
5.0k points

1 Answer

3 votes

Answer:

6000=5%

8000=other CD

Explanation:

User Mhrrt
by
4.9k points
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