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Mathematics, 13.06.2020 10:57 8336622

a total of 38,000 is invested in two municipal bonds that pay 4.75% and 5.25% simple interest. The investor wants an annual interest income of $1925 from the investments. What amount should be invested in the 4.75% bond?

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a total of 38,000 is invested in two municipal bonds that pay 4.75% and 5.25% simple interest. The i...
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