A total of $98,000 is to be invested, some in bonds and some in certificates of deposit (CDs). If the amount invested in bonds is to exceed that in CDs by $2,000, how much will be invested in each type of investment?
B= 2000 + CD 98000 = B + CD substitute b in 98000 = 2000 + CD + CD add variables 98000 = 2000 + 2CD subtract 2000 from each side 96000 = 2CD divide each side by 2 48000 = CD
