SOLUTION: Maricopa's Success scholarship fund receives a gift of $110000. The money is invested in stocks, bonds, and CDs. CDs pay 4.25 % interest, bonds pay 2.6 % interest, and stocks pay 7

Algebra ->  Quadratic Equations and Parabolas  -> Quadratic Equations Lessons -> SOLUTION: Maricopa's Success scholarship fund receives a gift of $110000. The money is invested in stocks, bonds, and CDs. CDs pay 4.25 % interest, bonds pay 2.6 % interest, and stocks pay 7      Log On


   



Question 1150053: Maricopa's Success scholarship fund receives a gift of $110000. The money is invested in stocks, bonds, and CDs. CDs pay 4.25 % interest, bonds pay 2.6 % interest, and stocks pay 7.4 % interest. Maricopa Success invests $50000 more in bonds than in CDs. If the annual income from the investments is $4150, how much was invested in each account?
Maricopa Success invested $_____ in stocks. Maricopa Success invested $_____ in bonds. Maricopa Success invested $_____ in CDs.

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