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Question the controller(money manager) for a small company put some money in a bank accounting pays 5% per year.he uses some additional money,amount to 1/3 the amount placed in the bank to buy bonds paying 6% per year. with the balance of the funds he buys a 8% certificate of deposit. the first year of investments bring a return of $723.if the total of the investments is 10,000 how much is invested at each rate

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Question

the controller(money manager) for a small company put some money in a bank accounting pays 5% per year.he uses

some additional money,amount to 1/3 the amount placed in the bank to buy bonds paying 6% per year. with the balance of the funds he buys a 8% certificate of deposit. the first year of investments bring a return of $723.if the total of the investments is 10,000 how much is invested at each rate

 
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