SOLUTION: good afternoon, please help me solve this problem:
Kelly Fisher has a total of $26,000 invested in two municipal bonds that have yields of 8% and 10% interest per year, respecti
Algebra ->
Coordinate Systems and Linear Equations
-> Lessons
-> SOLUTION: good afternoon, please help me solve this problem:
Kelly Fisher has a total of $26,000 invested in two municipal bonds that have yields of 8% and 10% interest per year, respecti
Log On
Question 531495: good afternoon, please help me solve this problem:
Kelly Fisher has a total of $26,000 invested in two municipal bonds that have yields of 8% and 10% interest per year, respectively. If the interest Kelly receives from the bonds in a year is $2422, how much does she have invested in each bond?
Let x = the amount in the first bond.
Let y = the amount in the second bond. Answer by scott8148(6628) (Show Source):