Millicent has $10,000 invested in two accounts. For the year she earns $535 more in interest from her 7% mutual fund account than she does from her 4% CD. How much does she have in each account?
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Let's call the amount Millicent has invested in her 7% mutual fund account "x" and the amount she has invested in her 4% CD "y". Show more…
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Millicent has $\$ 10,000$ invested in two accounts. For the year, she earns $\$ 535$ more in interest from her $7 \%$ mutual fund account than she does from her $4 \% \mathrm{CD}$. How much does she have in each account?
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