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A combined total of $53,000 is invested in to two bonds that pay 2% and 8.5% simple interest. The annual interest is %3,335. How much is invested in each bond?
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Oct 18, 2022
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A combined total of $53,000 is invested in to two bonds that pay 2% and 8.5% simple interest. The annual interest is %3,335. How much is invested in each bond?
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$26,500 is invested into each bond.
J Atkin
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Oct 23, 2022
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