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Mathematics, 20.12.2019 18:31 damiangibson2

Betsy, a recent retiree requires 6,000 per year in extra income. she has $70,000 to invest and can invest in b-rated bonds paying 13% per year or in a certficcate of deposit (cd) paying 3% per year. how much money should be invested in each to realize exactly $6,000 in interest per year?
the amount of money invested at 13%
the amount of money invested at 3%?

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Betsy, a recent retiree requires 6,000 per year in extra income. she has $70,000 to invest and can i...

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