Maricopa's Success scholarship fund receives a gift of $ 150000. The money is invested in stocks, bonds, and CDs. CDs pay 2 % interest, bonds pay 3.8 % interest, and stocks pay 6.1 % interest. Maricopa Success invests $ 20000 more in bonds than in CDs. If the annual income from the investments is $ 5810 , how much was invested in each account? Maricopa Success invested $ in stocks. Maricopa Success invested $ in bonds. Maricopa Success invested $ in CDs. Question Help: Video M Message instructor
Maricopa's Success scholarship fund receives a gift of $ 150000. The money is invested in stocks, bonds, and CDs. CDs pay 2 % interest, bonds pay 3.8 % interest, and stocks pay 6.1 % interest. Maricopa Success invests $ 20000 more in bonds than in CDs. If the annual income from the investments is $ 5810 , how much was invested in each account? Maricopa Success invested $ in stocks. Maricopa Success invested $ in bonds. Maricopa Success invested $ in CDs. Question Help: Video M Message instructor
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
Chapter5: Factoring Polynomials
Section: Chapter Questions
Problem 10MPS
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