Mathematics
Mathematics, 12.03.2021 08:30, cami30031cami3003

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 17% 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?

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Betsy, a recent retiree requires $6,000 per year in extra income. She has 70,000 to invest and can i...

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