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
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ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
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Chapter5: Solving Systems Of Linear Equations
Section: Chapter Questions
Problem 15CT
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Answer the following
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?
$
Find the equilibrium point of the demand and supply equations.
Demand
Supply
p= 530 0.5x p = 298 + 0.3x
(x, p) =
Solve the system of linear equations and check any solutions aigebraically. (If there is no solution, enter NO SOLUTION. If there are infinitely many
solutions, express x, y, and z in terms of the real number a.)
x + y + z = 12
2xy + z = 19
- z = 25
(x, y, z) =
Transcribed Image Text: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? $ Find the equilibrium point of the demand and supply equations. Demand Supply p= 530 0.5x p = 298 + 0.3x (x, p) = Solve the system of linear equations and check any solutions aigebraically. (If there is no solution, enter NO SOLUTION. If there are infinitely many solutions, express x, y, and z in terms of the real number a.) x + y + z = 12 2xy + z = 19 - z = 25 (x, y, z) =
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