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Author Question: Martin purchased some municipal bonds yielding 8% annually and some certificates ... (Read 126 times)

jCorn1234

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on: Feb 28, 2021
Solve the problem.

Martin purchased some municipal bonds yielding 8% annually and some certificates of deposit yielding 11% annually. If Martin's investment amounts to $23,000 and the annual income is $2230, how much money is invested in bonds and how much is invested in certificates of deposit?
◦ $8000 in bonds;  $15,000 in certificates of deposit
◦ $13,000 in bonds;  $10,000 in certificates of deposit
◦ $10,000 in bonds;  $13,000 in certificates of deposit
◦ $15,000 in bonds;  $8000 in certificates of deposit
Precalculus ¦ Sullivan ¦ 10th Edition
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Marked as best answer by jCorn1234 on Feb 28, 2021

miss_1456@hotmail.com

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Reply #1 on: Feb 28, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jCorn1234

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Reply 2 on: Feb 28, 2021
Great answer, keep it coming :)

lcapri7

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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