Solve the problem.A $70,000 trust is to be invested in bonds paying 8%, CDs paying 6%, and mortgages paying 10%. The bond and CD investment must equal the mortgage investment. To earn an $6080 annual income from the investments, how much should the bank invest in bonds?
A. $24,000
B. $11,000
C. $22,000
D. $35,000
Answer: A
Mathematics
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