Multiple Choice
Find the system of equations to model the problem. DO NOT SOLVE THIS SYSTEM.
-A A $ 000 tru trst is to be invested in bonds paying 9%, CDs paying 8%, and mortgages paying 10%. The sum of the amount invested in bonds and the amount invested in CDs must equal the mortgage investment. To earn an $11,400
Annual income from the investments, how much should the bank invest in each?
Let x represent the amount invested in bonds, y the amount invested in CDs, and z the amount invested in mortgages.
A)
B)
C)
D)
Correct Answer:

Verified
Correct Answer:
Verified
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