Maricopa's Success scholarship fund receives a gift of $ 155000. The money is invested in stocks, bonds, andCDs. Stocks pay 10 % interest, bonds pay 2.6 % interest, and CDs pay 2.25 % interest. Maricopa Successinvests $ 50000 more in bonds than in CDs. If the annual income from the investments is $ 7255, how muchwas invested in each account?Maricopa Success invested $Maricopa Success invested $Maricopa Success invested $in stocks.in bonds.in CDs.

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Answered: Maricopa's Success scholarship fund…

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

Section: Chapter Questions

Problem 10MPS

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Similar questions

Parent Volunteer Laurie was completing the treasurer’s report for her son’s Boy Scout troop at the end of the school year. She didn’t remember how many boys had paid the $24 full-year registration fee and how many had paid a $16 partial-year fee. She knew that the number of boys who paid for a full-year was ten more than the number who paid for a partial-year. If $400 was collected for all the registrations, how many boys had paid the full-year fee and how many had paid the partial-year fee?
Brenda’s best friend is having a destination wedding and the event will last three days. Brenda has $500 in savings and can earn $15 an hour babysitting. She expects to pay $350 airfare, $375 for food and entertainment and $60 a night for her share of a hotel room. How many hours must she babysit to have enough money to pay for the trip?
Laurie was completing the treasurer’s report for her son’s Boy Scout troop at the end of the school year. She didn’t remember how many boys had paid the $15 full-year registration fee and how many had paid the $10 partial-year fee. She knew that the number of boys who paid for a full-year was ten more than the number who paid for a partial-year. If $250 was collected for all the registrations, how many boys had paid the full-year fee and how many had paid the partial-year fee?
Kenneth currently sells suits for company A at a salary of $22,000 plus a $10 commission for each suit sold. Company B offers him a position with a salary of $28,000 plus a $4 commission for each suit sold. How many suits would Kenneth need to sell for the options to be equal?
Malik is planning a 6-day summer vacation trip. He has $840 in savings, and he earns $45 per hour for tutoring. The trip will cost him $525 for airfare, $780 for food and sightseeing, and $95 per night for the hotel. How many hours must he tutor to have enough money to pay for the trip?
A forester is making a gasoline-oil mixture for a chainsaw engine. The forester has 2 gallons of a mixture that is 32 parts gasoline and 1 part oil. How many gallons of gasoline should the forester add to bring the mixture to 50 parts gasoline and 1 part oil?
Josue wants to go on a 10-night road trip with friends next spring. It will cost him $180 for gas, $450 for food, and $49 per night to share a motel room. He has $520 in savings and can earn $30 per driveway shoveling snow. How many driveways must he shovel to have enough money to pay for the trip?
Josue wants to go on a 10-day road trip next spring. It will cost him $180 for gas, $450 for food, and $49 per night for a motel. He has $520 in savings and can earn $30 per driveway shoveling snow. How many driveways must he shovel to have enough money to pay for the trip?

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