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Author Question: Don James wants to invest $58,000 to earn $5990 per year. He can invest in bonds ... (Read 540 times)

beccaep

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on: Feb 28, 2021
Solve the problem.

Don James wants to invest $58,000 to earn $5990 per year. He can invest in bonds paying per year or in a Certificate of Deposit (CD) paying per year. How much money should be invested in each to realize exactly $5990 in interest per year?
◦ $28,000 in B-rated bonds and $30,000 in a CD
◦ $31,000 in B-rated bonds and $27,000 in a CD
◦ $27,000 in B-rated bonds and $31,000 in a CD
◦ $30,000 in B-rated bonds and $28,000 in a CD
Precalculus ¦ Sullivan ¦ 10th Edition
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Marked as best answer by beccaep on Feb 28, 2021

tdewitt

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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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beccaep

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Reply 2 on: Feb 28, 2021
Thanks for the timely response, appreciate it

JaynaD87

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Reply 3 on: Yesterday
Wow, this really help

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