Essay
Write the word or phrase that best completes each statement or answers the question.
-Martin purchased some municipal bonds yielding 8% annually and some certificates of deposit yielding11% annually. If Martinʹs investment amounts to $23,000 and the annual income is $2230, how muchmoney is invested in bonds and how much is invested in certificates of deposit?
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$10,000 in bonds; $1...View Answer
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