question archive Maricopa's Success scholarship fund receives a gift of $80000
Maricopa's Success scholarship fund receives a gift of $80000
Subject:MathPrice: Bought3
Maricopa's Success scholarship fund receives a gift of $80000. The money is invested in stocks, bonds, and CDs. CDs pay 3.25 % interest, bonds pay 3.8 % interest, and stocks pay 7.9 % interest. Maricopa Success invests $20000 more in bonds than in CDS. If the annual income from the investments is $3750, how much was invested in each account? Maricopa Success invested $ in stocks. Maricopa Success invested $ in bonds. Maricopa Success invested $ in CDS.
