Maricopa's Success scholarship fund receives a gift of $ 150000. The money is invested in stocks, bonds, and CDs. CDs pay 2.5 % interest, bonds pay 5.9 % interest, and stocks pay 8.5 % interest. Maricopa Success invests $ 15000 more in bonds than in CDs. If the annual income from the investments is $ 9780 , how much was invested in each account? Maricopa Success invested $ in stocks. Maricopa Success invested $ in bonds. Maricopa Success invested $ in CDs. Question Help: D Video Submit Question

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter6: Systems Of Linear Equations And Inequalities
Section6.1: Graphing Systems Of Equations
Problem 59PFA
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Maricopa's Success scholarship fund receives a gift of $
150000. The money is invested in stocks, bonds, and CDs. CDs
pay 2.5 % interest, bonds pay 5.9 % interest, and stocks pay
8.5 % interest. Maricopa Success invests $ 15000 more in
bonds than in CDs. If the annual income from the investments
is $ 9780 , how much was invested in each account?
Maricopa Success invested $
in stocks.
Maricopa Success invested $
in bonds.
Maricopa Success invested $
in CDs.
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Transcribed Image Text:Maricopa's Success scholarship fund receives a gift of $ 150000. The money is invested in stocks, bonds, and CDs. CDs pay 2.5 % interest, bonds pay 5.9 % interest, and stocks pay 8.5 % interest. Maricopa Success invests $ 15000 more in bonds than in CDs. If the annual income from the investments is $ 9780 , how much was invested in each account? Maricopa Success invested $ in stocks. Maricopa Success invested $ in bonds. Maricopa Success invested $ in CDs. Question Help: D Video Submit Question
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