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If we let x be the amount the woman invests in the 15 bond how much in dollars will she be able to invest in her CD.

The rest of it she wants to put in a CD that pays 7. One bond investment pays 15 annual interest. If we let x be the amount the woman invests in the 15 bond how much in dollars will she be able to invest. Answered expert verified. A retired woman has 60000 to invest but needs to make 6000 a year from the interest to meet certain living expenses. Set up and solve the equation for how much the woman should invest in each option to sustain exactly a 6000 annual return.
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A Retired Woman Has 60 000 To Invest But Needs To Make 6 000 A Year From The Interest To Meet Brainly
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Set Up And Solve The Equation For How Much The Woman Should Invest In Each Option To Sustain Exactly A 9 000 Annual Return Wyzant Ask An Expert
Title: Set Up And Solve The Equation For How Much The Woman Should Invest In Each Option To Sustain Exactly A 9 000 Annual Return Wyzant Ask An Expert |
Format: ePub Book |
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Publication Date: August 2019 |
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Retired Woman Builds Her Own Tiny House For Affordable Living
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Format: PDF |
Number of Pages: 344 pages A Retired Woman Has 60000 To Invest |
Publication Date: March 2017 |
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How much should she invest in each fund if she would like to earn 28000 per year from her investments. She has chosen one relatively safe investment fund that has an annual yield of 9 and another riskier fund that has a 13 annual yield. One bond investment pays 15 annual interest.
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