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Business, 19.03.2020 00:20 lafayette7727

Betsy, a recent retiree, requires $6,000 per year in extra income. She has $60,000 to invest and can invest in B-rated bonds paying 1313% per year or in a certificate of deposit (CD) paying 33% per year. How much money should be invested in each to realize exactly $6 comma 0006,000 in interest per year?

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Betsy, a recent retiree, requires $6,000 per year in extra income. She has $60,000 to invest and can...
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