SOLUTION: A total of $63,000 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 $9,000, how much will be

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: A total of $63,000 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 $9,000, how much will be       Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 829825: A total of $63,000 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 $9,000, how much will be invested in each type of investment?
Answer by lwsshak3(11628) About Me  (Show Source):
You can put this solution on YOUR website!
A total of $63,000 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 $9,000, how much will be invested in each type of investment?
***
let x=amt invested in CD's
63000-(x+9000)=amt invested in bonds