A combined total of $40,000 is invested in two bonds that pay 6% and 9% simple interest. The annual | MathCelebrity Forum

A combined total of $40,000 is invested in two bonds that pay 6% and 9% simple interest. The annual

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A combined total of $40,000 is invested in two bonds that pay 6% and 9% simple interest. The annual interest is $3,210.00. How much is invested in each bond?

Using our split fund interest calculator, we get:
Fund 1 at 6% = 13,000
Fund 2 at 9% = 27,000
 
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