Question
Country Day's scholarship fund receives a gift of $ 195000. The money is invested in stocks, bonds, and CDs. CDs pay 4.5 % interest, bonds
Country Day's scholarship fund receives a gift of $ 195000. The money is invested in stocks, bonds, and CDs. CDs pay 4.5 % interest, bonds pay 3.5 % interest, and stocks pay 8.3 % interest. Country day invests $10000 more in bonds than in CDs. If the annual income from the investments is $ 10975, how much was invested in each vehicle?Country Day invested $ in stocks.Country Day invested S in bonds.Country Day invested S in CDs.
Country Day's scholarship fund receives a gift of $ 195000. The money is invested in stocks, bonds, and CDs. CDs pay 4.5 % interest, bonds pay 3.5 % interest, and stocks pay 8.3 % interest. Country day invests $10000 more in bonds than in CDs. If the annual income from the investments is $ 10975, how much was invested in each vehicle?Country Day invested $ in stocks.Country Day invested S in bonds.Country Day invested S in CDs.
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Modern Systems Analysis And Design
Authors: Joseph Valacich, Joey George
8th Edition
9780134204925
