SOLUTION: A total of $41,000 is to be invested, some in bonds and some in certificates of deposit (CDs). If the amount invested in the bonds is to exceed that in CDs by 5,000, how much will
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Question 449805: A total of $41,000 is to be invested, some in bonds and some in certificates of deposit (CDs). If the amount invested in the bonds is to exceed that in CDs by 5,000, how much will be invested in each type of investment?
Answer by jorel1380(3719) (Show Source): You can put this solution on YOUR website!
x+x+5000=41000
2x=36000
x=18000
There's $18000 invested in CD's, and $23000 in bonds..
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