Bonds Stocks
How much was invested in stocks and how much was invested in bonds?
You invested $11000 in stocks and bonds, paying 5% and 8% annual interest, respectively. If the total interest earned for the year was $720, how much was invested in stocks and how much was invested in bonds?
$5333.50 in stocks —- $5666.50 in bonds…. close enough?…
Bonds vs. Stocks