SOLUTION: Maricopa's Success scholarship fund receives a gift of $130000. The money is invested in stocks, bonds, and CDs. CDs pay 2.5 % interest, bonds pay 5.5 % interest, and stocks pay 10
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-> SOLUTION: Maricopa's Success scholarship fund receives a gift of $130000. The money is invested in stocks, bonds, and CDs. CDs pay 2.5 % interest, bonds pay 5.5 % interest, and stocks pay 10
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Question 1150064: Maricopa's Success scholarship fund receives a gift of $130000. The money is invested in stocks, bonds, and CDs. CDs pay 2.5 % interest, bonds pay 5.5 % interest, and stocks pay 10.5 % interest. Maricopa Success invests $35000 more in bonds than in CDs. If the annual income from the investments is $10600, how much was invested in each account?
Maricopa Success invested $_____ in stocks. Maricopa Success invested $_____ in bonds. Maricopa Success invested $_____ in CDs. Answer by ikleyn(52779) (Show Source):
