Problema Solution

becky wants to invest $30,000.00 in a CD that earns 4% interest and a savings that earns 7% interest. She wants a earn $15,000.00. How much does she need to invest in both?

Answer provided by our tutors

I think Becky wants to earn  1500

 

answer is  20000  @  4%

and 10000  @ 7%