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Ordered Triples Problem (Posted on 2024-07-11) Difficulty: 2 of 5
A company receives a gift of $ 155,000. The money is invested in stocks, bonds, and CDs.

CDs pay 4.5 % interest, bonds pay 2.8 % interest, and stocks pay 8.4 % interest.

The company invests $ 40,000 more in bonds than in CDs.

If the annual income from the investments is $ 7,930, how much was invested in each account?

See The Solution Submitted by K Sengupta    
Rating: 5.0000 (1 votes)

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  Subject Author Date
Possible Solutionbroll2024-07-12 04:39:20
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