Mcguire Huang
01/02/2023 · Middle School
Country Day's scholarship fund receives a gift of \( \$ 140000 \). The money is invested in stocks, bonds, and CDs. CDs pay \( 5.5 \% \) interest, bonds pay \( 5.1 \% \) interest, and stocks pay \( 10.9 \% \) interest. Country day invests \( \$ \) 25000 more in bonds than in CDs. If the annual income from the investments is \( \$ 11010 \), how much was invested in each vehicle? Country Day invested \( \$ 90000 \) Country Day invested \( \$ 50000 \) Country Day invested \( \$ 25000 \) Question Help: Video in stocks. Submit Question
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Country Day invested \( \$25000 \) in CDs, \( \$50000 \) in bonds, and \( \$65000 \) in stocks.
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