document.write( "Question 346887: An inheritance of $40,000 is invested in two municipal bonds which pay 6% and 7% simple annual interest. If the annual interest from both bonds is 2,550 dollars how much is invested in each bond? \n" ); document.write( "
Algebra.Com's Answer #248034 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! .06x+.07(40000-x)=2550 \n" ); document.write( ".06x+2800-.07x=2500 \n" ); document.write( "-.01x=-300 \n" ); document.write( "x=30000 at 6% \n" ); document.write( "40000-x=10000 at 7% \n" ); document.write( " |