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Score: 0 of 1 pt 9 of 9 (7 complete) HW Score: 77.78%, 7 of 9 pts 6.3.71 Questio

ID: 2546969 • Letter: S

Question

Score: 0 of 1 pt 9 of 9 (7 complete) HW Score: 77.78%, 7 of 9 pts 6.3.71 Question Help The controller (money manager) for a small company puts some money in a bank account paying 5% per year amounting to the amount placed in the bank, to buy bonds paying 6% per year, with the balance-, the first year the investments bring a return of $750. If the total of the investments is $10,000 how much is invested at each rate? The amount in the bank accou uses some additional money func-he buys a 996 certificate of deposit. The unt is s the amount in the bonds is s , and the amount in the certificate of deposit is s Enter your answer in the edit fields and then click Check Answer All parts showing O 5:09 PM Ran/2018 Type here to search up

Explanation / Answer

Investment Interest rate Interest amount Bank accounts 3000 5% 150 Amount in bonds 1000 6% 60 Certificate of deposits 6000 9% 540 10000 750

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