A combined total of $34,000 is invested in two bonds that pay 4% and 8.5% simple interest. The annua | MathCelebrity Forum

A combined total of $34,000 is invested in two bonds that pay 4% and 8.5% simple interest. The annua

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A combined total of $34,000 is invested in two bonds that pay 4% and 8.5% simple interest. The annual interest is $2,350. How much is invested in each bond

Using our split fund interest calculator, we get;
  • 12,000 in Fund 1
  • 22,000 in Fund 2
 
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