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Mathematics, 02.08.2021 19:30 allisonorlov

Betsy a recent retiree requires $5000 per year in extra income. She has $70,000 to invest and can invest in B rated bonds paying 13% per year or in a CD paying 5% per year. How much money should be invested in each to realize exactly $5000 in interest per year?

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Betsy a recent retiree requires $5000 per year in extra income. She has $70,000 to invest and can in...
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