SOLUTION: A total of $28,000 is to be​ invested, some in bonds and some in certificates of deposit​ (CDs). If the amount invested in bonds is to exceed that in CDs by $4,000, ho
Question 1108578: A total of $28,000 is to be invested, some in bonds and some in certificates of deposit (CDs). If the amount invested in bonds is to exceed that in CDs by $4,000, how much will be invested in each type of investment? Answer by ikleyn(52917) (Show Source): You can put this solution on YOUR website! .
Bonds + CDs = 28000
Bonds - CDs = 4000.
--------------------------Add the two equations and see what will happen.
Answer. Bonds = 16000; CDs = 12000.