Green River Community College's scholarship fund receives a gift of $ 150000. The money is invested in stocks, bonds, and CDs. CDs pay 4% interest, bonds pay 2.2 % interest, and stocks pay 9.7 % interest. GRCC invests $ 25000 more in bonds than in CDs. If the annual income from the investments is $ 6075, how much was invested in each vehicle? GRCC invested $ in stocks. GRCC invested $ in bonds. GRCC invested $ in CDs.

Green River Community College's scholarship fund receives a gift of $ 150000. The money is invested in stocks, bonds, and CDs. CDs pay 4% interest, bonds pay 2.2 % interest, and stocks pay 9.7 % interest. GRCC invests $ 25000 more in bonds than in CDs. If the annual income from the investments is $ 6075, how much was invested in each vehicle? GRCC invested $ in stocks. GRCC invested $ in bonds. GRCC invested $ in CDs.

Algebra: Structure And Method, Book 1

(REV)00th Edition

ISBN:9780395977224

Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Chapter2: Working With Real Numbers

Section2.3: Rules For Addition

Problem 8P

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