SOLUTION: Maricopa's Success scholarship fund receives a gift of $135000. The money is invested in stocks, bonds, and CDs. CDs pay 2.25 % interest, bonds pay 4.4 % interest, and stocks pay 6

Algebra ->  Quadratic Equations and Parabolas  -> Quadratic Equations Lessons -> SOLUTION: Maricopa's Success scholarship fund receives a gift of $135000. The money is invested in stocks, bonds, and CDs. CDs pay 2.25 % interest, bonds pay 4.4 % interest, and stocks pay 6      Log On


   



Question 1150117: Maricopa's Success scholarship fund receives a gift of $135000. The money is invested in stocks, bonds, and CDs. CDs pay 2.25 % interest, bonds pay 4.4 % interest, and stocks pay 6.1 % interest. Maricopa Success invests $15000 more in bonds than in CDs. If the annual income from the investments is $6315, 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(52765) About Me  (Show Source):
You can put this solution on YOUR website!
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Triplicate.

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