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Mathematics, 25.12.2019 16:31 anthony3913

Betsy, a recent retiree, requires 5,000 per year in extra income. she has $70,000 to invest and can invest in b rated bonds paying 13% per year or in a certificate of deposit (cd) paying 5% per year. how much should be invested in each to realize exactly $5,000 in interest per year?

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Betsy, a recent retiree, requires 5,000 per year in extra income. she has $70,000 to invest and can...
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