Maricopa's Success scholarship fund receives a gift of $ 160000. The money is invested in stocks, bonds, and CDs. CDs pay 4.5 % interest, bonds pay 5.8 % interest, and stocks pay 8.4 % interest. Maricopa Success invests $ 15000 more in bonds than in CDs. If the annual income from the investments is$ 10450 , how much was invested in each account? Maricopa Success invested $ in stocks. Maricopa Success invested $ in bonds. Maricopa Success invested $ in CDs.

Maricopa's Success scholarship fund receives a gift of $ 160000. The money is invested in stocks, bonds, and CDs. CDs pay 4.5 % interest, bonds pay 5.8 % interest, and stocks pay 8.4 % interest. Maricopa Success invests $ 15000 more in bonds than in CDs. If the annual income from the investments is$ 10450 , how much was invested in each account? Maricopa Success invested $ in stocks. Maricopa Success invested $ in bonds. Maricopa Success 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

Section: Chapter Questions

Problem 10MPS

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