Mathematics
Mathematics, 04.12.2020 17:00, latezwardjr15

A total of $14,000 is invested in two corporate bonds that pay 3.5% and 5% simple interest. The investor wants an annual interest income of $550 from the investments. What amount should be invested in the 3.5% bond?

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A total of $14,000 is invested in two corporate bonds that pay 3.5% and 5% simple interest. The inve...

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