SOLUTION: 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 investe
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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? Answer by rfer(16322) (Show Source):