SOLUTION: A total of $58,00 is to be invested, some in bonds and some in certificated of deposit (CD's). If the amount invested in bonds to exceed that in CD's by $1,000, how much will be in

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Question 1011674: A total of $58,00 is to be invested, some in bonds and some in certificated of deposit (CD's). If the amount invested in bonds to exceed that in CD's by $1,000, how much will be invested in each type?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let +x+ = amount invested in CDs

+2x+=+4800+
+x+=+2400+
and
+x+%2B+1000+=+3400+
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$2,400 was invested in CDs
$3,400 was invested in bonds
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check:
+2400+%2B+3400+=+5800+
+5800+=+5800+
OK