Eric V.

asked • 10/07/22

need help to solve this math problem

A combined total of $41,000 is invested in two bonds that pay 6% and 9.5% simple interest. The annual interest is $3,300.00. How much is invested in each bond?

1 Expert Answer

By:

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.