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Question 16 Country Day's scholarship fund receives a gift of $ 140000. The money is invested in stocks, bonds, and CDs.
Posted: Thu Jul 07, 2022 2:23 pm
by answerhappygod
- Question 16 Country Day S Scholarship Fund Receives A Gift Of 140000 The Money Is Invested In Stocks Bonds And Cds 1 (22.28 KiB) Viewed 40 times
Question 16 Country Day's scholarship fund receives a gift of $ 140000. The money is invested in stocks, bonds, and CDs. CDs pay 3% interest, bonds pay 4.6 % interest, and stocks pay 7.3 % interest. Country day invests $ 40000 more in bonds than in CDs. If the annual income from the investments is $ 8440, how much was invested in each vehicle? Country Day invested $ Country Day invested $ Country Day invested $ in stocks. in bonds. in CDs.