Solve the problem.A $154,000 trust is to be invested in bonds paying 7%, CDs paying 5%, and mortgages paying 10%. The bond and CD investment together must equal the mortgage investment. To earn a $12,470 annual income from the investments, how much should the bank invest in bonds?

A. $31,000
B. $77,000
C. $44,000
D. $46,000


Answer: D

Mathematics

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b.
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