Formulate but do not solve the problem.

Kelly Fisher has a total of $32,000 invested in two municipal bonds that have yields of $5% and $6% interest per year, respectively. If the interest Kelly receives from the bonds in a year is $1,740, how much does she have invested in each bond?

Question

Formulate but do not solve the problem.
​
Kelly Fisher has a total of $32,000 invested in two municipal bonds that have yields of $5% and $6% interest per year, respectively. If the interest Kelly receives from the bonds in a year is $1,740, how much does she have invested in each bond?

Quizplus · Accepted Answer

The Answer of Formulate but do not solve the problem.
​
Kelly Fisher has a total of $32,000 invested in two municipal bonds that have yields of $5% and $6% interest per year, respectively. If the interest Kelly receives from the bonds in a year is $1,740, how much does she have invested in each bond?

Formulate but Do Not Solve the Problem