Financial Planning Mr. Nicholson has just retired and needs $10,000 per year in supplementary income. He has $150,000 to invest and can invest in AA bonds at 10% annual interest or in Savings and Loan Certificates at 5% interest per year. How
much money should be invested in each so that he realizes exactly $10,000 in extra income per year?

there will be 35 boys in each team. : )

you can not drow on this

step-by-step explanation:

32

step-by-step explanation:

the answer is:

the correct option:

b.

to solve the problem, we need to remember how to operate to simplify exponential expressions using the logarithms.

we are given the equation:

then, using placing logarith with base 7 on both sides of the equation, we have:

so, rounding the obtained result to two decimal places (nearest hundreth), we have:

hence, we have that the correct option:

b.

have a nice day!