Mathematics, 10.09.2021 23:30 garcikyl000
A retired woman has $80,000 to invest but needs to make $3,000 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?
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A retired woman has $80,000 to invest but needs to make $3,000 a year from the interest to meet cert...
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