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Maricopa's Success scholarship fund receives a gift of $ 120000. The money is invested in stocks, bonds, and CDs. CDs pay 5.75 % interest, bonds pay 2.5 % interest, and stocks pay 7.8 % interest. Maricopa Success invests $ 30000 more in bonds than in CDs. If the annual income from the investments is $ 7035 , how much was invested in each account? How much did Mariopa invest in stocks, bonds, and CDs?
Sagot :
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