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Name: Country Day's scholarship fund receives a gift of $ 155000. The money
Uploaded: 2024-03-20T07:07:26.000Z
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Description: Country Day's scholarship fund receives a gift of $ 155000. The money is invested in stocks, bonds, and CDs. CDs pay 2.5 % interest, bonds pay 2.1 % interest, and stocks pay 7.6 % interest. Country day invests $ 35000 more in bonds than in CDs. If th

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter7: Systems Of Equations And Inequalities

Section7.2: Systems Of Linear Equations: Three Variables

Problem 60SE: In a bag, a child has 325 coins worth $19.50. There were three types of coins: pennies, nickels, and...

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Country Day's scholarship fund receives a gift of $ 155000. The money is invested in stocks, bonds, and CDs. CDs pay 2.5 % interest, bonds pay 2.1 % interest, and stocks pay 7.6 % interest. Country day invests $ 35000 more in bonds than in CDs. If the annual income from the investments is $ 6675 , how much was invested in each vehicle?

Country day invested $ in stocks

Country day invested $ in bonds

Country day invested $ in CDs

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