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Pages:
1 page/≈275 words
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Level:
APA
Subject:
Literature & Language
Type:
Math Problem
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 3.6
Topic:

Math. Providing a worked out answer on the problems (Math Problem Sample)

Instructions:

providing a worked out answer on the problems

source..
Content:

A retired couple has $160,000 to invest to obtain annual income. They want some of it invested in safe Certificates of Deposit yielding 6%. The rest they want to invest in AA bonds yielding 11% per year. How much should they invest in each to realize exactly $15,600 per year?
SOLUTION

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