Mathematics, 16.04.2021 02:10, idcbrooo
Carissa recently retired, and has $540,000 in savings. She wants to invest as much as possible in a safe CD account paying 1.2% interest, and as little as possible in a riskier bond paying 4.7% interest. She needs to earn $14,880 a year in interest to cover expenses above SSI. How much should she invest in each account?
Answers: 2
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