document.write( "Question 1175369: Maricopa's Success scholarship fund receives a gift of $ 200000. The money is invested in stocks, bonds, and CDs. Stocks pay 6.9 % interest, bonds pay 5.7 % interest, and CDs pay 4 % interest. Maricopa Success invests $ 10000 more in bonds than in CDs. If the annual income from the investments is $ 10400 , how much was invested in each account?
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Algebra.Com's Answer #800974 by Boreal(15235) You can put this solution on YOUR website! CDs=x \n" ); document.write( "bonds=x+10000 \n" ); document.write( "stocks=200000-(2x+10000)=190000-2x \n" ); document.write( ".069(190000-2x)+.057(x+10000)+.04(x)=10400 \n" ); document.write( "13110-.138x+.057x+570+.04x=10400 \n" ); document.write( "-0.041x=-3280 \n" ); document.write( "x=$80000 in CDs ($3200) \n" ); document.write( "bonds =$90000 ($5130) \n" ); document.write( "stocks=$30000 ($2070) \n" ); document.write( " |