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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.
- 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?
- If x represents the amount she puts in the CD, then represent the amount she put in the education fund.
- Write the equation that can be used to answer the questions.
- Solve the equation showing all steps.
- Answer the questions.
