Mathematics

Mathematics, 27.01.2022 15:10, alexi25jeep

Jamal just retired, and has $890,000 to invest. A very safe Certificate of Deposit (CD) account pays 1%, while a riskier bond fund pays 4.5% in interest. Jamal figures he needs $18,000 a year in interest to live on.
How much should he invest in each account to make enough interest while minimizing his risk?

answer

Answers: 3

Show answers

Other questions on the subject: Mathematics

Mathematics, 20.06.2019 18:04, priscillaoliver5214

Dr. cooper just started an experiment. he will collect data for 8 days. how many hours is this

Answers: 2

Mathematics, 21.06.2019 21:00, VictoriaRose520

Ineed with math stuff it involves graphs

Answers: 1

Mathematics, 21.06.2019 21:20, burners

What is the area of a triangle with vertices at (-3 3) (-3,2) and (1,2)?

Answers: 1

Mathematics, 21.06.2019 23:00, AM28

What is the circumference of the pie

Answers: 2

Do you know the correct answer?

Jamal just retired, and has $890,000 to invest. A very safe Certificate of Deposit (CD) account pays...

Questions in other subjects:

Konu

Mathematics, 21.04.2020 23:26

Graph the line with slope 8 and y-intercept -8...

Konu

Mathematics, 21.04.2020 23:26

All 12 members of the glee club went to eat at the Hibachi Grill restaurant. The chicken costs $10 per person, while the beef costs $14 per person. At the end of the evening, the c...

Konu

English, 21.04.2020 23:26

1. What is the difference between energy efficiency and energy conservation?...

Konu

Mathematics, 21.04.2020 23:26

What are some 6th grade math...

Konu

Mathematics, 21.04.2020 23:26

What is the solution to the system of equations 2x + 3y = 40 and y = x + 10? x = 2; y = 12 x = 4; y = 14 x = 12; y = 2 x = 14; y = 4...

Konu

English, 21.04.2020 23:26

Read the excerpt from Heart of a Samurai and then answer the question. The strangers leaped out of their boats and pulled them up on the small beach. By signs, they made it c...

Konu

Mathematics, 21.04.2020 23:26

The Texas Transportation Commission can establish a daytime speed limit of 75 miles per hour in counties with a population density of less than 10 persons per square mile. Write an...

Konu

English, 21.04.2020 23:26

How does the coincidence of the flight attendant offering Faizula the very foods that he would use to break his fast affect the narrative? A. It helps expla...

Konu

Chemistry, 21.04.2020 23:26

Which conversion factor do you use first to calculate the number of grams of CO 2 produced by the reaction of 50.6 g of CH 4 with O 2 ? The equation for the complete combustion of...

Konu

Physics, 21.04.2020 23:26

Technician A says that with a properly operating air-conditioning system, the inlet to the compressor should be cold and the outlet from the compressor hot. Technician B says that...

Other tasks in the category: Mathematics More task