document.write( "Question 1132747: Betsy, a recent retiree, requires $5,000 per year in extra income. She has $60,000 to invest and can invest in B-rated bonds paying 13% per year or in a certificate of deposit (CD) paying 5% per year. How much money should be invested in each to realize exactly $5,000 in interest per year? What is the amount at 13% and 3%? \n" ); document.write( "
Algebra.Com's Answer #749870 by ikleyn(53763) You can put this solution on YOUR website! . \n" ); document.write( "Betsy, a recent retiree, requires $5,000 per year in extra income. She has $60,000 to invest and can invest \n" ); document.write( "in B-rated bonds paying 13% per year or in a certificate of deposit (CD) paying 5% per year. How much money \n" ); document.write( "should be invested in each to realize exactly $5,000 in interest per year? What is the amount at 13% and 3%? \n" ); document.write( "~~~~~~~~~~~~~~~~~~~~\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " In your post, 5% stay and play the same role as 3%. ( which is WRONG ! )\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " So, the question is not relevant to the given part, as wells the given part is not relevant to the question.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " Naturally, I can not solve the problem with wrong input data.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " Can you fix your post to make it correct ?\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |