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Mathematics, 27.03.2020 05:57 Smileymarie31511

A total of $28,000 is invested in two municipal bonds that pay 4.25% and 4.75% simple interest. The investor wants an annual interest income of $1250 from the investments. What amount should be invested in the 4.25% bond?

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A total of $28,000 is invested in two municipal bonds that pay 4.25% and 4.75% simple interest. The...
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