Simone earned $500 doing extra chores during the summer. She put some of the money in a CD that earned 5.5%. She put twice as much in a savings account that earned 4.8%. She put the same amount that she put in the savings account into a bond fund that earned 3.7%. After one year, the three accounts made $22.50 in interest. How much did Simone put in the CD?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Simone earned $500 doing extra chores during the summer. She put some of the money in a CD that
earned 5.5%. She put twice as much in a savings account that earned 4.8%. She put the same amount
that she put in the savings account into a bond fund that earned 3.7%. After one year, the three accounts
made $22.50 in interest. How much did Simone put in the CD?
Transcribed Image Text:Simone earned $500 doing extra chores during the summer. She put some of the money in a CD that earned 5.5%. She put twice as much in a savings account that earned 4.8%. She put the same amount that she put in the savings account into a bond fund that earned 3.7%. After one year, the three accounts made $22.50 in interest. How much did Simone put in the CD?
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