SOLUTION: A retired couple has $190,000 to invest to obtain annual income. They want some of it invested is safe certificates of deposit yielding 5%. the rest they wanted to invest in aa bon
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Question 631867: A retired couple has $190,000 to invest to obtain annual income. They want some of it invested is safe certificates of deposit yielding 5%. the rest they wanted to invest in aa bonds yielding 10% per year. how much should they invest in each to realize $16,000 per year
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
\ =\ 16000)
Solve for 
, then calculate 
John
My calculator said it, I believe it, that settles it
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