Dave T.

asked • 07/22/20

Word problem on interest/investment

Thirty-five thousand in bonds, part paying 5% interest, part 4.5% and the remainder 3.5%. How much is invested at the 4.5% rate, if the total annual income is $1510 and that on the 5% bond equals on that 3.5 bonds?

2 Answers By Expert Tutors

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Heidi T. answered • 07/22/20

Tutor
5 (32)

MS in Mathematics, PhD in Physics, 7+ years teaching experience

Yefim S. answered • 07/22/20

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5 (20)

Math Tutor with Experience

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