Country Day's scholarship fund receives a gift of $ 125000. The money is invested in stocks, bonds, and CDs. CDs pay 3 % interest, bonds pay 4.6 % interest, and stocks pay 9.7 % interest. Country day invests $ 20000 more in bonds than in CDs. If the annual income from the investments is $ 8155 , how much was invested in each? Country Day invested $  ?  in stocks. Country Day invested $  ? in bonds. Country Day invested $  ? in CDs.

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter11: Rational And Irrational Numbers
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Country Day's scholarship fund receives a gift of $ 125000. The money is invested in stocks, bonds, and CDs. CDs pay 3 % interest, bonds pay 4.6 % interest, and stocks pay 9.7 % interest. Country day invests $ 20000 more in bonds than in CDs. If the annual income from the investments is $ 8155 , how much was invested in each?

Country Day invested $  ?  in stocks.
Country Day invested $  ? in bonds.
Country Day invested $  ? in CDs.

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