Mathematics
Mathematics, 08.06.2021 01:00, chy71

Maricopa's Success scholarship fund receives a gift of $ 130000. The money is invested in stocks, bonds, and CDs. CDs pay 4.25 % interest, bonds pay 3.1 % interest, and stocks pay 7 % interest. Maricopa Success invests $ 50000 more in bonds than in CDs. If the annual income from the investments is $ 6485 , how much was invested in each account? Maricopa Success invested $
in stocks.
Maricopa Success invested $
in bonds.
Maricopa Success invested $
in CDs.

answer
Answers: 2

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Maricopa's Success scholarship fund receives a gift of $ 130000. The money is invested in stocks, bo...

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