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Mathematics, 11.07.2019 09:30 jenadkrson62

Betsy, a recent retiree, requires $6000 per year in extra income. she has $50,000 to invest and can invest in b-rated bonds paying 13% per year or in a certificate of deposit (cd) paying 5% per year. how much money should be invested in each to realize exactly $6,000 in interest per year?

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Betsy, a recent retiree, requires $6000 per year in extra income. she has $50,000 to invest and can...

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