Ask your own question, for FREE!
Mathematics 14 Online
OpenStudy (anonymous):

Need help last question! An investor bought some municipal bonds yielding 5% annually and some certificates of deposit yielding 7% annually. If her total investment amounts to $20,000 and her annual return is $1160, how much money is invested in bonds and how much in certificates of deposit?

OpenStudy (anonymous):

Anyone able to help me find a formula?

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!