This topic contains a solution. Click here to go to the answer

Author Question: Martin purchased some municipal bonds yielding 8% annually and some certificates ... (Read 274 times)

jCorn1234

  • Hero Member
  • *****
  • Posts: 545
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jCorn1234 on Feb 28, 2021

miss_1456@hotmail.com

  • Sr. Member
  • ****
  • Posts: 289
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.
Answer Preview
Only 64% of students answer this correctly




jCorn1234

  • Member
  • Posts: 545
Reply 2 on: Feb 28, 2021
Wow, this really help


dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

For a complete list of videos, visit our video library