Question 962978
Let {{{ x }}} = amount invested in bank bonds
Interest from bank bonds is:
{{{ .031*x  }}}
Interest from Canada savings bonds is:
{{{ .0485*( 4100 - x ) }}}
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Interest from both of these is the same, so
{{{ .031x = .0485*( 4100 - x ) }}}
{{{ .031x = 198.85 - .0485x }}}
{{{ .0795x = 198.85 }}}
{{{ x = 2501.26 }}}
{{{ 4100 - x = 4100 = 2501.26 }}}
{{{ 4100 - x = 1598.74 }}}
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$2,501 was invested in bank bonds
$1,599 was invested in Canada savings bonds
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check:
{{{ .031*2501 = 77.531 }}}
and
{{{ .0485*1599 = 77.552 }}}
Looks pretty close, I think error
is due to rounding off