document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1150062>Question 1150062</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 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?\r<BR>\n" );
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document.write( "Maricopa Success invested $____ in stocks. Maricopa Success invested $____ in bonds. Maricopa Success invested $____ in CDs. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #771475 by </B><A HREF=/tutors/aboutme.mpl?userid=VFBundy><B>VFBundy(438)</B></A><img src=\"/images/stars/stars-10.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=VFBundy><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=VFBundy><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=771475\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> CDs:<BR>\n" );
document.write( "Principal = p<BR>\n" );
document.write( "Rate = 0.025<BR>\n" );
document.write( "Interest = 0.025p<BR>\n" );
document.write( "<pr><BR>\n" );
document.write( "Bonds:<BR>\n" );
document.write( "Principal = p + 35000<BR>\n" );
document.write( "Rate = 0.055<BR>\n" );
document.write( "Interest = 0.055(p + 35000) = 0.055p + 1925<BR>\n" );
document.write( "<pr><BR>\n" );
document.write( "Stocks:<BR>\n" );
document.write( "Principal = 130000 - (p) - (p + 35000) = 95000 - 2p<BR>\n" );
document.write( "Rate = 0.105<BR>\n" );
document.write( "Interest = 0.105(95000 - 2p) = 9975 - 0.21p<BR>\n" );
document.write( "<pr><BR>\n" );
document.write( "(0.025p) + (0.055p + 1925) + (9975 - 0.21p) = 10600<BR>\n" );
document.write( "<pr><BR>\n" );
document.write( "-0.13p + 11900 = 10600<BR>\n" );
document.write( "<pr><BR>\n" );
document.write( "-0.13p = -1300<BR>\n" );
document.write( "<pr><BR>\n" );
document.write( "p = 10000<BR>\n" );
document.write( "<pr><BR>\n" );
document.write( "CDs:<BR>\n" );
document.write( "Principal = p = <b>$10,000</b><BR>\n" );
document.write( "<pr><BR>\n" );
document.write( "Bonds:<BR>\n" );
document.write( "Principal = p + 35000 = 10000 + 35000 = <b>$45,000</b><BR>\n" );
document.write( "<pr><BR>\n" );
document.write( "Stocks:<BR>\n" );
document.write( "Principal = 95000 - 2p = 95000 - 20000 = <b>$75,000</b> </SPAN>\n" );
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