F
Freaken Worried!
Guest
Briannas parents began saving for her college expenses when she was born. They have saved $24,000 to date. They have decided to invest part of the money in a certificate of deposit that, will earn 8.15% simple interest and money in a mutual fund that will earn 9.25% interest. If at the end of the year their money has grown to $26,000, find how much they put into a certificate of deposit and how much they invested in a mutual fund. 