Question

Laura inherits $52,000 and decides to invest part of it in an education account for her daughter and the rest in a 5-year CD. If the amount she puts in the education account is $7,000 more than twice the amount she puts in the CD, how much money does Laura invest in each account?

Answer 1

amount into CD --- x
amount into Ed Account --- 2x+7000

x + 2x+7000 = 52000

all yours ...

Answer 2

15000