Answer:
$16,000 should be invested in the 4.25% bond
Step-by-step explanation:
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If you place a 23-foot ladder against the top of a building and the bottom of the ladder is 11 feet from the bottom of the build
ing, how tall is the building? Round to the nearest tenth of a foot. PLEASE HURRY
2 answers:
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a = total amount invested at 5%
b = total amount invested at 8%
we know 5% was earned in interest from "a", so that'd be (5/100) * a or 0.05a.
we know 8% was earned in interest from "b", so that'd be (8/100) * a or 0.08b.
we also know that the total for both is 1000, a + b = 100.