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A total of $36,000 is invested in two municipal bonds that pay 4.25% and 5.75% simple interest. The investor wants an annual interest income of
A total of $36,000 is invested in two municipal bonds that pay 4.25% and 5.75% simple interest. The investor wants an annual interest income of $1890 from the investments. What amount should be invested in the 4.25% bond?
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