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Question 3

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Formulate but do not solve the problem. Kelly Fisher has a total of $31,000 invested in two municipal bonds that have yields of $0.07% and $0.05% interest per year, respectively. If the interest Kelly receives from the bonds in a year is $1,790, how much does she have invested in each bond? Let x the bond with $0.07% interest per year.


A) Formulate but do not solve the problem. Kelly Fisher has a total of $31,000 invested in two municipal bonds that have yields of $0.07% and $0.05% interest per year, respectively. If the interest Kelly receives from the bonds in a year is $1,790, how much does she have invested in each bond? Let x the bond with $0.07% interest per year. A) B) C) D)
B) Formulate but do not solve the problem. Kelly Fisher has a total of $31,000 invested in two municipal bonds that have yields of $0.07% and $0.05% interest per year, respectively. If the interest Kelly receives from the bonds in a year is $1,790, how much does she have invested in each bond? Let x the bond with $0.07% interest per year. A) B) C) D)
C) Formulate but do not solve the problem. Kelly Fisher has a total of $31,000 invested in two municipal bonds that have yields of $0.07% and $0.05% interest per year, respectively. If the interest Kelly receives from the bonds in a year is $1,790, how much does she have invested in each bond? Let x the bond with $0.07% interest per year. A) B) C) D)
D) Formulate but do not solve the problem. Kelly Fisher has a total of $31,000 invested in two municipal bonds that have yields of $0.07% and $0.05% interest per year, respectively. If the interest Kelly receives from the bonds in a year is $1,790, how much does she have invested in each bond? Let x the bond with $0.07% interest per year. A) B) C) D)

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