Question: The answer is $48,554. How do I get there? Zach is planning to invest up to $45,000 in corporate and municipal bonds. The least he
Zach is planning to invest up to $45,000 in corporate and municipal bonds. The least he will invest in corporate bonds is $9000 and does not want to invest more than $26,000 in corporate bonds. He also does not want to invest more than $26,744 in municipal bonds. The interest is 8.7% on corporate bonds and 6.8% on municipal bonds. This is simple interest for one year. What is the maximum value of his investment after one year
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