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
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) (Show Source):