Maricopa's Success scholarship fund receives a gift of $ 180000. The money is invested in stocks,...
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Maricopa's Success scholarship fund receives a gift of $ 180000. The money is invested in stocks, bonds, and CDs. CDs pay 4.25 % interest, bonds pay 5 % interest, and stocks pay 10.5 % interest. Maricopa Success invests $ 45000 more in bonds than in CDs. If the annual income from the investments is $ 12900, how much was invested in each account? Maricopa Success invested $ Maricopa Success invested $ Maricopa Success invested $ in stocks. in bonds. in CDs. Maricopa's Success scholarship fund receives a gift of $ 180000. The money is invested in stocks, bonds, and CDs. CDs pay 4.25 % interest, bonds pay 5 % interest, and stocks pay 10.5 % interest. Maricopa Success invests $ 45000 more in bonds than in CDs. If the annual income from the investments is $ 12900, how much was invested in each account? Maricopa Success invested $ Maricopa Success invested $ Maricopa Success invested $ in stocks. in bonds. in CDs.
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Statistics Data Analysis And Decision Modeling
ISBN: 9780132744287
5th Edition
Authors: James R. Evans
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