subject
Mathematics, 11.10.2021 14:00 elizabethhubbe

Betsy, a recent retiree, requires $6,000 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 7% per year. How much money should be invested in each to realize exactly $6,000 in interest per year? The amount of money invested at 15% =
The amount of money invested at 7% =

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 16:00
The scale for a map is 20 miles = 1/2 inch. the distance between two towns on the map is 3 3/4 inches. what is the actual distance between these towns? 150 miles 38 miles 75 miles 135 miles
Answers: 3
question
Mathematics, 21.06.2019 16:30
Why do interests rates on loans to be lower in a weak economy than in a strong one
Answers: 3
question
Mathematics, 21.06.2019 17:30
What is the equation of a line passing through the point (6,1) and parallel to the line whose equation 3x=2y+4
Answers: 3
question
Mathematics, 21.06.2019 17:30
17 in long 1.3 ft wide and 8in high what is the volume
Answers: 1
You know the right answer?
Betsy, a recent retiree, requires $6,000 per year in extra income. She has $60,000 to invest and can...
Questions
question
Mathematics, 15.01.2021 07:20
question
Mathematics, 15.01.2021 07:20
question
Social Studies, 15.01.2021 07:30
question
Social Studies, 15.01.2021 07:30
question
Advanced Placement (AP), 15.01.2021 07:30
question
Mathematics, 15.01.2021 07:30
Questions on the website: 13722359