<u>Given</u>:
Time,
t = 20 years
Rate,
r = 4.4%
Price
= $8,375
Now,
The yield will be:
= 
=
(%)
Time will be:
= 
= 
As we know the formula,
⇒ 
By substituting the values, we get



The face value will be:

($)
Learn more about face value here:
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Tools for surgery and patching the person up where their wounds are
Answer:
$4000 was invested at 4%, 2500 was invested at 3%
Step-by-step explanation:
First and foremost the question has to be define.
Total amount raised is $6500
Savings account percentage simple interest =3%
Government Bond: 4% simple interest
Equation for amount invested at each rate:
(6500-x)0.03 + 0.04x = 235
195 - 0.03x + 0.04x = 235
0.01x = 40
x = 4000
$4000 was invested at 4%, 2500 was invested at 3%