Question: A $ 1 2 8 , 0 0 0 trust is to be invested in bonds paying 6 % , C D s paying 5

A $128,000 trust is to be invested in bonds paying 6%,CD s paying 5%, and mortgages paying 7%. The sum of the bond and CD investment must equal the mortgage investment. To earn an $7900 annual income from the investments, how much should the bank invest in bonds?
$20,000
$22,000
$64,000
$42,000
A $128,000 trust is to be invested in bonds paying 6%,CD

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