A math problem I am having a really hard time solving

A $62,000 trust is to be invested in bonds paying 9%, CDs paying 8%, and mortgages paying 10%. The bond and CD investment together must equal the mortgage investment. To earn a$5710 annual income from the investments, how much should the bank invest in bonds?

2 Answers By Expert Tutors

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Mark M. answered • 11/30/19

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5.0 (243)

Mathematics Teacher - NCLB Highly Qualified

Sam Z. answered • 11/29/19

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4.3 (12)

Math/Science Tutor

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