Maricopa's Success scholarship fund receives a gift of $ 150000. Themoney is invested in stocks, bonds, and CDs. CDs pay 2 % interest,bonds pay 3.8 % interest, and stocks pay 6.1 % interest. MaricopaSuccess invests $ 20000 more in bonds than in CDs. If the annualincome from the investments is $ 5810 , how much was invested ineach account?Maricopa Success invested $in stocks.Maricopa Success invested $in bonds.Maricopa Success invested $in CDs.Question Help: DVideo Message instructorSubmit Question« PreviousNext »

Suppose amount invested in CDs is a, so the amount invested in bonds is a + $20000, The Total amount…

Answered: Maricopa's Success scholarship fund…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Edmonds Community College's (EDCC) scholarship fund received a gift of $325,000. The money is invested in stocks, bonds, and CDs. CDs pay 2.5% interest, bonds pay 2.9% interest, and stocks pay 7.8% simple interest. To spread the risk the College has a policy of having 4 times as much money in CDs as in stocks and bonds combined. If the annual income from the investments is $9,365 , how much was invested in each vehicle? solve by the method of your choice either using reduced row echelon form or the matrix equation EDCC invested $ in stocks ___________________ $ in bonds ___________________ $ in CDs ___________________
A college scholarship fund received a gift of $ 156,469.08.The money is invested in CDs, bonds, and Stocks.CDs pay 4.25% interest, bonds pay 5.5% interest, and stocks pay 6.8% simple interest.ACM invests $ 51,181.71 more in bonds than in CDs. If the annual income from the investments is $9,331.00 , how much was invested in each vehicle?
Please show detailed steps and correct
At the start of the year, Piotr has an investment fund worth $30,000.00. 4 months later the fund is worth $30,750.00 and Piotr deposits another $3,000.00. 4 months after that, the fund is worth $34,425.00 and Piotr withdraws the $3,000.00 his deposited the time before. At the end of the year the fund is worth $31,425.00. a) What is the Dollar Weighted Return for Piotr's investment? b) What is the Time Weighted Return for the investment fund? c) What would the fund balance at the end of year have to be to make the Time Weighted Return for the year equal the Dollar Weighted Return for the year? d) In this case (TWR = DWR) what was the return on the investment fund in the last time period?
Alan invests a total of $11,000 in three different ways. He invests one part in a mutual fund which in the first year has a return of 11%. He invests the second part in a government bond at 7% per year. The third part he puts in the bank at 5% per year. He invests twice as much in the mutual fund as in the bank. The first year Alan's investments bring a total return of $890. How much did he invest in each way?
Pearl Alvarez is investing $323,200 in a fund that earns 8% interest compounded annually. What equal amounts can Pearl withdraw at the end of each of the next 20 years? (Round factor values to 5 decimal places, eg 1.25124 and final answer to O decimal places, eg. 458,581) Yearly withdrawals=
Chris Lavigne invested a total of $10,200 in the AIC Diversified Canada Mutual Fund. The management fee for this particular fund is 2.55 percent of the total investment amount. Calculate the management fee Chris must pay this year. (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Management fee $
Array intends to allocate her savings into various types of financial investments. She has $194,400 to invest in stocks, bonds, and mutual funds according to her chosen respectively. How much should she invest in each type of investment? Round your answers to the nearest dollar. 4 1 7 ratio : 3 9 11 Stocks: $ Bonds: $ • Mutual Funds: $
Country Day's scholarship fund receives a gift of $ 135000. The money is invested in stocks, bonds, and CDs. CDs pay 3 % interest, bonds pay 2.4 % interest, and stocks pay 11.8 % interest. Country day invests $ 25000 more in bonds than in CDs. If the annual income from the investments is $ 10850 , how much was invested in each vehicle?
Maricopa's Success scholarship fund receives a gift of $ 115000. The money is invested in stocks, bonds, and CDs. CDs pay 5.75 % interest, bonds pay 5.7 % interest, and stocks pay 8.9 % interest. Maricopa Success invests $ 35000 more in bonds than in CDs. If the annual income from the investments is $ 7845 , how much was invested in each account? Maricopa Success invested $ in stocks. Maricopa Success invested $ in bonds. Maricopa Success invested $ in CDs. Question Help: D Video Submit Question

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