A total of $32,000 is invested in two municipal bonds that pay 5.75% and 6.25% simple interest. The investor wants an annual interest income of $1,900 from the investments. What amount should be invested in the 5.75% bond?
?
A. $31,800
B. $20,000
C. $32,000
D. $20,300
E. $20,100
Answer: B
Mathematics
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