SOLUTION: a total of $54,000 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
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Question 900662: a total of $54,000 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 richwmiller(17219) (Show Source): You can put this solution on YOUR website!
b+c=54000
b=c+4000
b-c=4000
b+c=54000
add
2b=58000
b=29000
c=25000
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