A total of $98,000 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 $2,000, how much wil…

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asked Jun 18, 2018 9.9k views

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Fernando Rincon · Answer 1 · 2018-06-25T02:54:49+0000

B= 2000 + CD
98000 = B + CD
substitute b in
98000 = 2000 + CD + CD
add variables
98000 = 2000 + 2CD
subtract 2000 from each side
96000 = 2CD
divide each side by 2
48000 = CD

A total of $98,000 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 $2,000, how much wil…

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A total of $98,000 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 $2,000, how much wil…

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A total of $98,000 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 $2,000, how much wil…