Question

Ming inherited $1,000 from her grandmother. She invested the money in a savings account that paid 5.4%, a mutual fund that paid 7.2% and a CD that paid 6.6%. The interest she earned in one year from all three investments was $61.80. Ming invests $300 more in the savings account than in the cd. How much did she invest in the savings account?

@iGreen

Answer 1

@Joel_the_boss

Answer 2

@gorv

Answer 3

let investment in cd=x

Answer 4

saving account =??

Answer 5

y

Answer 6

Ming invests $300 more in the savings account than in the cd

Answer 7

its given in Q ...now saving acc. investment=??

Answer 8

idk u.u

Answer 9

@DUDE..LOOK..ITS..SGTC

Answer 10

Ming invests $300 more in the savings account than in the cd ..u understand anything from this line ??

Answer 11

yuh

Answer 12

saving=x+300

Answer 13

mutual =1000- invested
=1000-(x+x+300)

Answer 14

can u plz just give me the answer, and then explain how u got it

Answer 15

now calculate interest on all 3 term and and equate the interest =61.80

Answer 16

?

Answer 17

dude can u just give me the answer and then explain...