Mathematics, 25.10.2021 08:30 Lydiac9243

Betsy, a recent retiree, requires $5,000 per year in extra income. She has $60,000 to invest and can invest in B-rated bonds paying 15% per year or in a certificate of deposit (CD) paying 5% per year. How much money should be invested in each to realize exactly $5,000 in interest per year?
The amount of money invested at 15% - S
The amount of money invested at 5% = S

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 13:30, Chipper4085

An animal shelter has 21 puppies. if the puppies are 28% of the total dogs and cat population how many dogs and cats are in the animal shelter

Answers: 1

continue

Mathematics, 21.06.2019 16:40, pagezbills18

What is the ratio of the change in y-values to the change in x-values for this function? a) 1: 13 b) 2: 5 c) 5: 2 d) 13: 1

Answers: 3

continue

Mathematics, 21.06.2019 20:30, sg3635939

What is always true when two whole numbers are subtracted?

Answers: 1

continue

Mathematics, 21.06.2019 21:50, safiyyahrahman8937

Aparticular telephone number is used to receive both voice calls and fax messages. suppose that 25% of the incoming calls involve fax messages, and consider a sample of 25 incoming calls. (a) what is the expected number of calls among the 25 that involve a fax message?

Answers: 1

continue

You know the right answer?

Betsy, a recent retiree, requires $5,000 per year in extra income. She has $60,000 to invest and can...