Mathematics, 11.07.2019 23:00 Swostika
Aretired woman has $80,000 to invest but needs to make $6,000 a year from the interest to meet certain living expenses. one bond investment pays 15% annual interest. the rest of it she wants to put in a cd that pays 7%. if we let x be the amount the woman invests in the 15% bond, how much in dollars will she be able to invest in the cd?
Answers: 1
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