Advanced Engineering Mathematics
10th Edition
ISBN: 9780470458365
Author: Erwin Kreyszig
Publisher: Wiley, John & Sons, Incorporated
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Maricopa's Success scholarship fund receives a gift of $ 170000. The money is invested in stocks, bonds, and CDs. CDs pay 4.25 % interest, bonds pay 5.2 % interest, and stocks pay 10.4 % interest. Maricopa Success invests $ 25000 more in bonds than in CDs. If the annual income from the investments is $ 10137.5 , 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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