Kevin invested part of his $10,000 bonus in a certificate of deposit that paid 6% annual simpleinterest, and the remainder in a mutual fund that paid 11% annual simple interest. if his totalinterest for that year was $700, how much did kevin invest in the mutual fund?
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Home » Business » Kevin invested part of his $10,000 bonus in a certificate of deposit that paid 6% annual simpleinterest, and the remainder in a mutual fund that paid 11% annual simple interest.