A person has $100,000 to invest. If $x are invested in a money market account yielding 7%

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A person has $100,000 to invest. If $x are invested in a money market account yielding 7% and twice that amount in certificates of deposit yielding 9%, and if the rest is invested in high-grade bonds yielding 11%, write an algebraic expression that represents the total annual income from all three investments. Simplify the expression.
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College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

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