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May 22, 2015

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?"

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