Maria has recently retired and requested an extra $444.00 per year in income. she has $ 5400 to invest in an a-rated bond that pays 10 % per annum or a b-rated bond paying 6 % per annum. how much should be placed in each investment in order for maria to achieve her goal?

$2400 in A rated bond and $3000 in B rated bond.

Step-by-step explanation:

We have been given that Maria has recently retired and requested an extra $444.00 per year in income.

We can represent this information in an equation as:

She has $5400 to invest in an A-rated bond that pays 10% per annum or a B-rated bond paying 6% per annum.

From equation (1), we will get:

Substitute this value in equation (2):

Therefore, Maria should invest $2400 in A-rated bond.

Substitute in equation (1):

Therefore, Maria should invest $3000 in B-rated bond.

46.2+112.3

step-by-step explanation: