Alex P.

asked • 08/26/20

Algebra 2 word problem

Country Day's scholarship fund receives a gift of $ 130000. The money is invested in stocks, bonds, and CDs. CDs pay 3.5 % interest, bonds pay 2 % interest, and stocks pay 6.9 % interest. Country day invests $ 30000 more in bonds than in CDs. If the annual income from the investments is $ 6670 , how much was invested in each vehicle? 


stocks-

bonds-

Cds-

1 Expert Answer

By:

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.