subject
Mathematics, 08.09.2021 02:50 CAPEPOPPA

Betsy, a recent retiree, requires $6,000 per year in extra income. She has $70,000 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: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 21:30
Worth 15 points handsome jack is buying a pony made of diamonds. the price of the pony is p dollars, and jack also has to pay a 25% diamond pony tax. which of the following expressions could represent how much jack pays in total for the pony? a= p = 1/4 b= p+0.25p c=(p + 1/4)p d=5/4p 0.25p choose 2 answers
Answers: 1
question
Mathematics, 21.06.2019 22:50
1. if events a and b are non-overlapping events, how do you find the probability that one or the other occurs? 2. what does it mean if p(a or b) equals 1?
Answers: 2
question
Mathematics, 21.06.2019 23:20
In a small section of a stadium there are 40 spectators watching a game between the cook islands and fiji. they all support at least one of the two teams. 25 spectators support the cook islands and 16 of these support both teams. how many support only fiji?
Answers: 2
question
Mathematics, 22.06.2019 01:30
Find the circumference of a pizza with a diameter of 10 inches round to the nearest tenth
Answers: 1
You know the right answer?
Betsy, a recent retiree, requires $6,000 per year in extra income. She has $70,000 to invest and can...
Questions
question
Mathematics, 25.03.2020 17:50
question
Chemistry, 25.03.2020 17:50
Questions on the website: 13722367