Fernando invested money in a 3 -yr CD (certificate of deposit ) that returned the equivalent of
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Fernando invested money in a 3 -yr CD (certificate of deposit ) that returned the equivalent of 3.4% simple interest. He invested $3000 less in a 30 -month CD that had a 2% simple interest return. If the total amount of interest from these investments was $458.00, determine how much was invested ?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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