SOLUTION: A total of $28,000 is to be​ invested, some in bonds and some in certificates of deposit​ (CDs). If the amount invested in bonds is to exceed that in CDs by $4,000, ho

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Question 1108578: A total of $28,000 is to be​ invested, some in bonds and some in certificates of deposit​ (CDs). If the amount invested in bonds is to exceed that in CDs by $4,000, how much will be invested in each type of​ investment?
Answer by ikleyn(52915) About Me  (Show Source):
You can put this solution on YOUR website!
.
Bonds + CDs = 28000
Bonds - CDs =  4000.
--------------------------Add the two equations and see what will happen.


Answer.  Bonds = 16000;  CDs = 12000.