Quinn inherited $15,000 and invested it in two municipal bonds that pay 4% and 5% simple interest.

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Quinn inherited $15,000 and invested it in two municipal bonds that pay 4% and 5% simple interest. The annual interest is $690. Find the amount invested at each rate.

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College Algebra Graphs and Models

ISBN: 978-0321845405

5th edition

Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna

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Question Posted: Apr 12, 2016 09:52 AM

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Quinn inherited $15,000 and invested it in two municipal bonds that pay 4% and 5% simple interest.

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College Algebra Graphs and Models

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