Answered

At Westonci.ca, we connect you with experts who provide detailed answers to your most pressing questions. Start exploring now! Discover in-depth solutions to your questions from a wide range of experts on our user-friendly Q&A platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

Kathy inherited $3,000 and invested it in two municipal bonds that pay 2% and 4% simple interest. The
annual interest is $100. Find the amount invested at each rate.

Sagot :

Answer

At 2% : $1000

At 4% : $2000

We hope this was helpful. Please come back whenever you need more information or answers to your queries. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.