Maricopa's Success scholarship fund receives a gift of $ 180000.

Question

Maricopa's Success scholarship fund receives a gift of $ 180000. The money is invested in stocks, bonds, and CDs. CDs pay 5.5 % interest, bonds pay 2.4 % interest, and stocks pay 10.5 % interest. Maricopa Success invests $ 40000 more in bonds than in CDs. If the annual income from the investments is $ 10420 , how much was invested in each account?

Maricopa Success invested $    in stocks.

Maricopa Success invested $    in bonds.

Maricopa Success invested $    in CDs.

Answer 1