Mathematics
Mathematics, 26.06.2020 16:01, Ericabarnes114

Country Day's scholarship fund receives a gift of $ 115000. The money is invested in stocks, bonds and CDs. CDs pay 5 % interest, bonds pay 4.5 % interest, and stocks pay 7.7% interest. Country day invests $ 10000 more in bonds than in
CDs. If the annual income from the investments is $ 6175, how much was invested in stocks, bonds and CDs?

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Answers: 3

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