document.write( "Question 999895: A person has 25000 total to invest in two municipal bonds. The interest rates are 5.2% and 6%. The client wants to collect 1350 annually on the bond paying 6% interest. How much does he need to invest \n" ); document.write( "
Algebra.Com's Answer #617437 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! I=prt \n" ); document.write( "1350=p*0.06 \n" ); document.write( "principal=$22,500 \n" ); document.write( "That is what needs to be invested at 6%\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |