Mathematics, 20.02.2021 09:10 zsmart909
Lew has $300,000 to invest. A municipal bond fund pays a 3.5% dividend, and CDs in the bank pay 2%. He feels he needs $7500 a year from his investment to supplement his social security check. How much should he put into each account?
A. $100,000 in the bond fund and $200,000 in CDs
B. $50,000 in bonds, $250,000 in CDs
C. $250,000 in the bond fund, and $50,000 in CDs
D. none of the above
Answers: 1
Another question on Mathematics
Mathematics, 21.06.2019 13:30
Akitchen floor is made up of tiles that are in the shape of the triangle shown there are 40 tiles on the kitchen floor what is the total area of the floor
Answers: 2
Mathematics, 21.06.2019 14:30
Select true or false to tell whether the following conditional p q is true or false. use the truth table if needed. if a week has seven days, then a year has twenty months.
Answers: 1
Mathematics, 21.06.2019 21:30
In a two-digit number the units' digit is 7 more than the tens' digit. the number with digits reversed is three times as large as the sum of the original number and the two digits. find the number.
Answers: 2
You know the right answer?
Lew has $300,000 to invest. A municipal bond fund pays a 3.5% dividend, and CDs in the bank pay 2%....
Questions
Business, 29.10.2020 07:50
Mathematics, 29.10.2020 07:50
English, 29.10.2020 07:50
History, 29.10.2020 07:50
History, 29.10.2020 07:50
English, 29.10.2020 08:00
English, 29.10.2020 08:00
Mathematics, 29.10.2020 08:00
English, 29.10.2020 08:00
Mathematics, 29.10.2020 08:00
