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17 September, 17:00

Lisa invests $4,000 in two types of bonds, bond A and bond B. Bond A offers a 10% return, and bond B offers a 6% return. Lisa invests $x in bond A and $y in bond B. Her total return on the investment is $340. The system of linear equations defining the situation iswhat. The amount Lisa invested at the rate of 10% is what, and the amount she invested at the rate of 6% is what

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  1. 17 September, 18:12
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    Lisa invests $4,000 in two types of bonds, bond A and bond B. Bond A offers a 10% return, and bond B offers a 6% return. Lisa invested in each bond in x and y amounts. To solve the problem using two equation: x + y = 4000

    0.10x + 0.06y = 340

    Solving the equation lisa invested $2500 in 10% rate and $1500 in 6% rate.
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