Solve the problem.Zach is planning to invest up to $50,000 in corporate and municipal bonds. The least he will invest in corporate bonds is $9000 and he does not want to invest more than $29,000 in corporate bonds. He also does not want to invest more than $25,604 in municipal bonds. The interest is 8.4% on corporate bonds and 6.1% on municipal bonds. This is simple interest for one year. What is the maximum income?

A. $32,717
B. $24,717
C. $3717
D. $9155


Answer: C

Mathematics

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