document.write( "Question 1161816: Cabin Financial Service Group recommends that a client purchase for $10,000 a corporate bond that earns 6% annual simple interest. How much additional money must be placed in an investment that earns a simple interest rate of 4.5% so that the total annual interest earned from the two investments is 5% of the total investment?
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Algebra.Com's Answer #785447 by MathTherapy(10552)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "Cabin Financial Service Group recommends that a client purchase for $10,000 a corporate bond that earns 6% annual simple interest. How much additional money must be placed in an investment that earns a simple interest rate of 4.5% so that the total annual interest earned from the two investments is 5% of the total investment? \n" ); document.write( " Additional investment:\n" ); document.write( " |