Thursday
April 17, 2014

Homework Help: math

Posted by Lily on Sunday, August 29, 2010 at 9:06pm.

" A total of $32000 is invested in two municipal bonds that pay 5.75% and 6.25% simiple interest. The investor wants an annual interest income of $1900 from the investments. What amount should be invested in the 5.75% bond?"

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Math - An inheritance of $40,000 is invested in two municipal bonds which pay 6...
math - Two investments earn a total annual income of $2825. One investment is in...
Math - You would like to invest in $12,000 in two different bonds. Some of the ...
math - linear programming - A woman wishes to invest $12,000 in three of bonds: ...
strategies for math solving - Michael's Budget Many people choose to invest some...
math - you invested $4000 in two accounts paying 2% and 9% annual interest, ...
Math - A man invests $5500 dollars in three accounts that pay 5%, 8%, and 9% in...
Math - A man invests $5500 dollars in three accounts that pay 5%, 8%, and 9% in...
math - Please help me do these problems. I dont understand how to do weighted ...
math - arman has 1160 annual income from bonds bearing 3% and 5 % interest. then...

Search
Members