Question:
Maricopa's Success scholarship fund receives a gift of $
Last updated: 7/9/2022
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 5.8 % interest, and stocks pay 9.9 % interest. Maricopa Success invests $ 35000 more in bonds than in CDs. If the annual income from the investments is $ 7475, how much was invested in each account?