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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