SOLUTION: a women invested $20,000, part in bond A at 6% interest and the rest in bond B at 7% interest. if the annual interest was 1,260 how much was invested in bond B

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Question 276836: a women invested $20,000, part in bond A at 6% interest and the rest in bond B at 7% interest. if the annual interest was 1,260 how much was invested in bond B
Answer by solver91311(24713) About Me  (Show Source):
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Let represent the amount invested in Bond B. Then the amount invested in Bond A was .

The amount of interest earned on Bond A:

The amount of interest earned on Bond B:

The sum of these two interest amounts was $1260, so:



Just solve for

John