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Mathematics, 30.08.2020 01:01 dannariushartman

A company placed $500,000 in three different investment plans. The company placed some money into short-term notes paying 5.5% per year. They placed three times as much into government bonds paying 5% per year. They placed the rest in utility bonds paying 4.5% per year.

The income for one year was $25,000. How much more money did the company place in government bonds than in utility bonds?

A. $100,000
B. $200,000
C. $300,000
D. $400,000

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A company placed $500,000 in three different investment plans. The company placed some money into s...

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