Mathematics, 07.01.2021 21:30 cganderson04

A total of $48,000 is invested in two municipal bonds that pay 4.25% and 5.75% simple interest. The investor wants an annual interest income of $2370 from the investments. What amount should be invested in the 4.25% bond?

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A total of $48,000 is invested in two municipal bonds that pay 4.25% and 5.75% simple interest. The...

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