Mathematics, 02.11.2020 23:00 austinpedigo
Grandma has 250,000 to invest. She divides her money into two accounts. One account is in ultra-safe treasury bills paying 4% interest, and the other is in riskier corporate bonds paying 6%. If she needs 12,000 per year in income from her investment, how much should she invest in each account? SHOW YOUR WORK
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Grandma has 250,000 to invest. She divides her money into two accounts. One account is in ultra-safe...
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