Lawson Pope
02/25/2024 · Middle School
A mother wants to invest \( \$ 13,000.00 \) for her son's future education. She invests a portion of the money in a bank certificate of deposit (CD account) which earns \( 4 \% \) and the remainder in a savings bond that earns \( 7 \% \). If the total interest earned after one year is \( \$ 780.00 \), how much money was invested in the CD account? The total interest earned after one year is \( \$ 780.00 \). How much money was invested in the CD account? \( \$ \square \) (Round to the nearest cent, if necessary.)
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The amount of money invested in the CD account is \( \$4,333.33 \).
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