subject
Mathematics, 13.07.2021 22:50 ArelysMarie

A retired couple has $ 160,000 to invest to obtain some annual income. Their Social Security checks give them some income, but they would like additional income from their investments. They want some of it invested in relatively safe Certificates of Deposit yielding 7%. The rest they want to invest in AA municipal bonds yielding 10% per year. How much should they invest in each to realize exactly $14,200 per year?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 15:00
Mindy bought 5/8 pound of almonds and a 3/4 pound of walnuts.which pair of fraction cannot be used to find how many pounds of nuts she bought in all.
Answers: 2
question
Mathematics, 21.06.2019 15:20
Compare the subtraction problems 6/8 - 5/8 = 1/8 and 6/9 - 7/9 = 1/9 why is the answer to the first problem positive and the answer to the second problem negative
Answers: 1
question
Mathematics, 21.06.2019 18:00
3382-299=3383- ? fill in the blank?
Answers: 2
question
Mathematics, 21.06.2019 18:00
Which shows the correct solution of the equation 1/2a+2/3b=50, when b=30?
Answers: 1
You know the right answer?
A retired couple has $ 160,000 to invest to obtain some annual income. Their Social Security checks...
Questions
question
Physics, 05.03.2020 22:00
question
Mathematics, 05.03.2020 22:00
question
Biology, 05.03.2020 22:01
question
Mathematics, 05.03.2020 22:02
Questions on the website: 13722362