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
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. Answer by ikleyn(52776) (Show Source):
