Question:

A total of $20,000 is to be invested, some in bonds and some

Last updated: 7/16/2022

A total of $20,000 is to be invested, some in bonds and some

A total of $20,000 is to be invested, some in bonds and some in certificates of deposit (CDs). If the amount invested in bonds is to exceed that in CDs by $8,000, how much will be invested in each type of investment? The amount invested in CDs is $ The amount invested in bonds is $