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12-12-2022
Mathematics

Answered

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.

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