A total of $20,000 is invested in two corporate bonds that pay 3.5% and 5% simple interest. The investor wants an annual interest income of $790 from the investments. What amount should be invested in the 3.5% bond? $
A total of $20,000 is invested in two corporate bonds that pay 3.5% and 5% simple interest. The investor wants an annual interest income of $790 from the investments. What amount should be invested in the 3.5% bond? $
Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter5: Solving Systems Of Linear Equations
Section: Chapter Questions
Problem 15CT
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