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A couple have $55,000 available and want to invest in U.S. Savings Bonds. As of January 2020, the rates were 2.15% for EE/E bonds, 2.75%
A couple have $55,000 available and want to invest in U.S. Savings Bonds. As of January 2020, the rates were 2.15% for EE/E bonds, 2.75% for I bonds, and 1.7% for HH/H bonds.Their goal is to invest in all three types of bonds in such a way that they obtain $1,000 in interest for the year. Give one way that this couple can achieve their financial goal.You must set up the augmented matrix and give the row reduced form of the augmented matrix.You must interpret the row reduced matrix using the variables in the problem.
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