Najma S.

asked • 06/02/21

how much was invested in each vehicle

Country Day's scholarship fund receives a gift of $ 140000. The money is invested in stocks, bonds, and CDs. CDs pay 4.75 % interest, bonds pay 4.2 % interest, and stocks pay 11.7 % interest. Country day invests $ 45000 more in bonds than in CDs. If the annual income from the investments is $ 8670 , how much was invested in each vehicle? 

3 Answers By Expert Tutors


Don L. answered • 06/03/21

5 (12)

Fifteen years teaching and tutoring basic math skills and algebra

Syeda Aaliya F. answered • 06/03/21

New to Wyzant

Holistic Mathematics Tutor

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