Mathematics, 14.02.2021 23:20 whyidkmyself
Chris received $50,000 from his grandparents as a graduation gift. So, he has decided to invest the money
to pay his living cost at a college, which is $3,000 a year. There are two options: a bond that pays 12% and
a CD that pays 5%. How much should he invest in the bond? [Please round your answer to 2 decimal places.]
Answers: 1
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Chris received $50,000 from his grandparents as a graduation gift. So, he has decided to invest the...
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