A combined total of $42,000 is invested in two bonds that pay 3% and 8.5% simple interest. The annual interest is $2,690.00. How much is invested in each bond?
The amount invested at 3% is $
The amount invested at 8.5% is $
A combined total of $42,000 is invested in two bonds that pay 3% and 8.5% simple interest. The annual interest is $2,690.00.How much is invested in each bond?
The amount invested at 3% is $ The amount invested at 8.5% is $