Business
Business, 20.02.2020 07:38, emanuelmorales1515

Roberto just retired, and has $690,000 to invest. A very safe Certificate of Deposit (CD) account pays 2.5%, while a riskier bond fund pays 6% in interest. Roberto figures he needs $35,000 a year in interest to live on. How much should he invest in each account to make enough interest while minimizing his risk

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Roberto just retired, and has $690,000 to invest. A very safe Certificate of Deposit (CD) account pa...

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