subject
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

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 21:20
Find the missing variable for a parallelogram: a = latex: 28in^2 28 i n 2 h = b = 6.3 in (1in=2.54cm)
Answers: 3
question
Mathematics, 21.06.2019 22:00
Solve 2 - 3 cos x = 5 + 3 cos x for 0° ≤ x ≤ 180° a. 150° b. 30° c. 60° d. 120°
Answers: 1
question
Mathematics, 22.06.2019 04:00
Answer asap! due in 30 minutes! ! 8th grade math
Answers: 3
question
Mathematics, 22.06.2019 04:00
Which statements are true about the linear equation y> 3/4x-2? check all that apply
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
question
Mathematics, 09.02.2021 14:00
question
History, 09.02.2021 14:00
question
Chemistry, 09.02.2021 14:00
question
English, 09.02.2021 14:00
question
Mathematics, 09.02.2021 14:00