document.write( "Question 363547: Steve, a recent tetiree, requires $5000 per year in extra income. He has $70,000 to invest and can invest in A-rated bond paying 8% per year or in a certificate of deposit(CD) paying 5% per year. How much money should be invested in each to realize exactly $5000 in interest per year? \n" ); document.write( "
Algebra.Com's Answer #259248 by 466158(2)![]() ![]() ![]() You can put this solution on YOUR website! 8% \n" ); document.write( " |