He bonds will be insured up to 17000 so jose doesnt want to, Ask an Expert

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Jose is going to invest up to $23,000 in a savings account, bonds, or both. He wants to invest from $3000 to $13,000 in the savings account at 4% interest. The bonds will be insured up to $17,000, so Jose doesn't want to invest more than that amount in bonds which will earn 4 1/2%. What will be the maximum amount of interest that Jose could learn?

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Accounting Basics, Accounting

Category:- Accounting Basics
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