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QUESTION

Laura inherits $35,000 and decides to invest part of it in an education account for her daughter and the rest in a 10-year CD.

  1. Laura inherits $35,000 and decides to invest part of it in an education account for her daughter and the rest in a 10-year CD. If the amount she puts in the education account is $11,000 more than twice the amount she puts in the CD, how much money does Laura invest in each account?
  2. If x represents the amount she puts in the CD, then represent the amount she put in the education fund.
  1. Write the equation that can be used to answer the questions.
  1. Solve the equation showing all steps.
  1. Answer the questions.
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