Answer:
Total Amount invested = $31,000
Let the amount invested in Bond 1 = $x
Then, the amount invested in Bond 2 = $31,000 - $x
Total Interest received = $1,990
Therefore,
$1,990 = ($x * 0.07%) + [($31,000 - $x) * 0.06%]
12 pts 3. Formulate but do not solve the problem. Kelly Fisher has a total of...
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