Multiple Choice
A total of $29,000 is invested in two corporate bonds that pay 12% and 10.5% simple interest. The total annual interest is $3195. How much is invested in the 10.5% bond?
A) $17,000
B) $16,000
C) $19,000
D) $18,000
E) $10,000
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q27: Sketch the graph of the inequality
Q28: A residential building contractor borrowed $24,000 to
Q29: A fruit juice company makes two
Q30: A dietitian designs a special diet
Q31: Solve the system of equations below:
Q34: You invest $2500 in a fishing lure
Q35: Graph the solution set of the
Q36: Write an inequality for the shaded
Q37: Determine which ordered pair is a
Q76: A humanitarian agency can use two models