SOLUTION: Maricopa's Success scholarship fund receives a gift of $ 145000. The money is invested in stocks, bonds, and CDs. CDs pay 4.25 % interest, bonds pay 2.2 % interest, and stocks pay

Algebra ->  Quadratic Equations and Parabolas -> SOLUTION: Maricopa's Success scholarship fund receives a gift of $ 145000. The money is invested in stocks, bonds, and CDs. CDs pay 4.25 % interest, bonds pay 2.2 % interest, and stocks pay       Log On


   

Question 1200629: Maricopa's Success scholarship fund receives a gift of $ 145000. The money is invested in stocks, bonds, and CDs. CDs pay 4.25 % interest, bonds pay 2.2 % interest, and stocks pay 11.7 % interest. Maricopa Success invests $ 15000 more in bonds than in CDs. If the annual income from the investments is $ 11302.5 , 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) About Me  (Show Source):
You can put this solution on YOUR website!
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A TWIN problem was solved under this link

https://www.algebra.com/algebra/homework/testmodule/testmodule.faq.question.1198422.html


Read it attentively: it is your TEMPLATE.


Having this template in front of you, solve this current problem in the same way,
reducing the problem to one equation in one solution.