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Highline College's scholarship fund receives a gift of $ 155000. The money is invested in stocks,...

Highline College's scholarship fund receives a gift of $ 155000. The money is invested in stocks, bonds, and CDs. CDs pay 5.75 % interest, bonds pay 2.3 % interest, and stocks pay 8.8 % interest. Highline invests $ 45000 more in bonds than in CDs. If the annual income from the investments is $ 8327.5 , how much was invested in each category?

HC invested $ ____________ in stocks.
HC invested $___________ in bonds.
HC invested $ ____________ in CDs.

I need three equations to be put into a matrix and solved that way! I just don't understand how to create those equations out of the information presented.

Math   Precalculus   
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