B+C = 84 (thousand dollars)
B=8 +C
8+C+C = 84
2C = 84-8 = 76
C = 76/2 = $38,000 invested in CD's
B= 8+38 = $46,000 invested in Bonds
Zack C.
asked • 07/15/21A total of $84,000 is to be invested, some in bonds and some in certificates of deposit (CDs). If the amount invested in bonds is to exceed that in CDs by $8,000, how much will be invested in.....
A total of $84,000 is to be invested, some in bonds and some in certificates of deposit (CDs). If the amount invested in bonds is to exceed that in CDs by $8,000, how much will be invested in each type of investment?
What is the amount invested in CDs?
What is the amount invested in bonds?
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