Betsy, a recent retiree, requires $5,000 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 certificate of deposit (CD) paying 5% per year. How much money should be invested in each to realize exactly $5,000 in interest per year?

A. The amount of money invested at 13% = ___
B. The amount of money invested at 5% = ___

Answers

Answer 1

A. The amount of money that Betsy should invest n B-rated bonds at 13% is $20,000.

B. The amount of money that Betsy should invest in a certificate of deposit (CD) at 5% is $50,000.

How are CDs different from Bonds?

Certificates of deposit (CDs) are short-term investments in financial institutions (money market) while Bonds are long-term investments in the stock exchange (capital market).

CDs pay reduced interest rates when compared to bonds'.

Data and Calculations:

The amount required per year in interest = $5,000

Total investible funds = $70,000

Interest rate of B-rated bonds = 13%

Interest rate in CD = 5%

Since Betsy is not interested in realizing more than $5,000 in interest per year, she should invest $50,000 in the CD and $20,000 in the B-rated bonds.

The interest in CD = $2,500 ($50,000 x 5%)

The interest in bonds = $2,600 ($20,000 x 13%)

Total interest in CD and bonds = $5,100 ($2,500 + $2,600)

Thus, Betsy should invest $50,000 in the CD and $20,000 in the B-rated bonds.

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Related Questions

In a certain year, 26% of people aged 65–69 worked. Suppose that a recent report claimed that the percentage of people aged 65–69 who work has increased since that year.

Answers

Considering the situation described, the appropriate hypotheses set is given by:

[tex]H_0: p = 0.26[/tex]

[tex]H_1: p > 0.26[/tex]

What are the hypotheses test?


At the null hypotheses, we test if there is not enough evidence that the percentage has increased, that is, it still is of 26%, hence:

[tex]H_0: p = 0.26[/tex]

At the alternative hypotheses, we test if there is evidence that it has increased, hence:

[tex]H_1: p > 0.26[/tex]

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find the 39th term for the aritmethic sequence, 10,15,20

Answers

because you are increasing by 5, you multiply 39x5
this will equal 195.
because you didn’t start at 5, you have to add 10-5 to your answer.
this will make your answer 200.

The 39th term of the sequence is 200.

What is Arithmetic Sequence?

Arithmetic sequence or arithmetic progression is the set of numbers for which the difference of any two consecutive numbers in that set will be a constant.

The constant term which is the difference of the two consecutive numbers is called the common difference and is usually denoted by 'd'.

Arithmetic sequence is usually represented as

a, a + d, a + 2d, ........, a + (n - 1)d

The nth term of an arithmetic sequence, aₙ is given by the formula,

aₙ = a + (n - 1) d

where, a is the first term and d is the common difference.

The given sequence is 10, 15, 20, ......

a = 10

d = 15 - 10 = 5

Here, we have to find the 39th term of the sequence.

a₃₉ = 10 + (39 - 1) 5

     = 10 + (38 × 5)

     = 10 + 190

     = 200

Hence, the 39th term of the progression 10, 15, 20,..... is 200.

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135.99 rounded to two significant figures

Answers

Answer:

1.3×10^1

Step-by-step explanation:

For this, you need to use scientific notation

First, let's round up the decimal points

135.99 = ~ 136

1.3 ×.10^1

hello, id like to order3 halves of a cupcake for my family plus some extra for my 2 friends.

Answers

Answer:

They'll each want a quarter of a cupcake.

Step-by-step explanation:

The number of people in the family is 14.

The number of cupcakes ordered is 4.

What is a fraction?

A fraction is written in the form of a numerator and a denominator where the denominator is greater that the numerator.

Example: 1/2, 1/3 is a fraction.

We have,

Number of cakes for the family = 3 (1/2)

Number of friends = 2

Now,

Each person's amount of cake = 1/4

The number of people in the family.

= 3(1/2) ÷ 1/4

= 7/2 x 4

= 14

The total number of cupcakes ordered.

= 2 x 1/4 +3(1/2)

= 1/2 + 3(1/2)

= 1/2 + 7/2

= 8/2

= 4

Thus,

There are 14 people in the family.

The total number of cupcakes ordered is 4.

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The complete question is:

Hello, id like to order3 halves of a cupcake for my family plus some extra for my 2 friends.

They'll each want a quarter of a cupcake.

The following data points represent the number of children in each household in Cam's neighborhood.
0, 0,6,3,1,5, 0, 2,0
How many households in Cam's neighborhood have 0 children?
households

Answers

Answer:

4

Step-by-step explanation:

We can see that 9 households are represented in the data, 4 of them are zeros. This means 4 households in Cam's neighborhood have 0 children.

A patio in the shape of a trapezoid has vertices at (4, 1), (5, 4), (9, 4), and (9, 1).
A 4.1
B 5.4
C 9.4
D 9.1
NEED THIS ANSWER ASAP!!!

Answers

Answer: See attached

Step-by-step explanation:

     Coordinate points come in (x, y) so we graph them as so.

(4, 1) - Starting at (0, 0), also known as the origin, move four units right and one unit up. Plot point A here.

(5, 4) - Starting at (0, 0), also known as the origin, move five units right and four units up. Plot point B here.

(9, 4) - Starting at (0, 0), also known as the origin, move nine units right and four units up. Plot point C here.

(9, 1) - Starting at (0, 0), also known as the origin, move nine units right and nine units up. Plot point D here.

In the figure below, triangle QRT, triangle RSQ, and triangle QST are scalene triangles.

If mQRS = 37° and mTQS = 34°, what is mTQR?
A.
87°
B.
90°
C.
93°
D.
109°

Answers

mTQR = 87°

HOPE IT HELPS...!!!

Answer:

[tex] \sf m \angle TQR = 87 \degree[/tex]

Step-by-step explanation:

Given:

QRT, RSQ and QST are scalene traingle.

[tex]m \angle QRS = 37 \degree \\ m \angle TQS = 34 \degree \\ m \angle QST = 90 \degree[/tex]

To find:

[tex]m \angle TQR = ?[/tex]

Solution:

In ∆ QTS,

[tex] \sf \: m \angle TQS + m \angle QTS +m \angle QST = 180 \degree \: \\ \sf (properties \: of \: triangle)[/tex]

[tex] \sf \: 34 + m \angle QTS +90 = 180 \degree \: \\ \sf m \angle QTS = 180 - 90 - 34 \\ \sf \: m \angle QTS = 180 - 124 \\ \sf \: m \angle QTS = 56 \degree[/tex]

Now in ∆QTR,

[tex] \sf \: m \angle QTR + m \angle TQR + m \angle TRQ \: = 180 \degree \\ \sf (properties \: of \: triangle)[/tex]

[tex] \sf \: 56 + m \angle TQR + 37 \: = 180 \degree \\ \sf m \angle TQR = 180 - 56 - 37 \\ \sf m \angle TQR = 87 \degree[/tex]

Thanks for joining brainly community!

Use rounding to estimate the product of 5, 555 and 4, 444. Round both numbers to the nearest thousand to find your answer.
The solution is

Answers

Step-by-step explanation:

5,555 can be rounded up to 6,000 because the 5 next to the five thousand will make it go up. while the 4,444 will round to 4,000 . I don't have a clear answer but I hope this helps.

how do you solve 7/8+(4/8-2/4)

Answers

the answer is 7/8 find a common denominator or cross multiply

125% of what number is 80?
Oa 36
Oь 40
Os 64
Od 72

Answers

Answer:

d. 72

Step-by-step explanation:

Answer :D

64

Step-by-step explanation:

We have, 125% x x = 80

or [tex]\frac{125}{100}[/tex] x x = 80

Multiplying both sides by 100 and dividing both sides by 125,

we have x = 80 x [tex]\frac{100}{125}[/tex]

x = 64

(or just divide 80 x 100 ÷ 125)

Hope this helps - Answered by Lilo

How many gallons is equal to 48 cups?

Answers

Answer:

3 US galloons

Rewrite the equation by completing the square. X^2-14x+40=0

Answers

Answer:

(x – 7)² – 9

Step-by-step explanation:

I hope this helps

can someone please help me

Answers

Answer:

x = 49

Step-by-step explanation:

corner point b = 41

d = right angle ( 90 )

90 + 41 = 131

180- 131 = 49

x = 49

p.s

im not sure if d is a right angle if it is not please inform me.

John multiplies one side of the equation 20 + 48 = 68 by a number s. What does he need to do balance the equation?

Answers

hello!

In order to balance the equation, John should multiply the second side of the equation by s.

Why?

Remember the Golden Rule of Algebra:-

[tex]\bigstar{\boxed{\sf{Whatever~you~do~to~one~side,~you~do~to~the~other.}}[/tex]

So if you multiply 1 side of the equation by s, you multiply the second side by s.

Please tell John about the Golden Rule of Algebra ;)

note:-

Hope everything is clear; if you need any explanation/clarification, kindly let me know, and I will comment and/or edit my answer :)

Write a
quadratic equation for each pair
of solutions.
√200T and - √2001

Answers

Answer:

x^2 - 2001 = 0

Step-by-step explanation:

I guess you mean √2001 and -√2001

The product of the 2 solutions = -2001 and the sum is 0.

The required equation  is x^2 - 2001 = 0

It’s from khan academy

B=10 H=8

Find the area of the parallelogram
Use the slider to help you remember the formula

Answers

Answer:

80

Step-by-step explanation:

area of parallelogram is b(vh)

Which expressions are equivalent to 10/10^3/4?

Answers

[tex] \frac{10}{10 {}^{ \frac{3}{4} } } = 10 {}^{1 - \frac{3}{4} } = 10 { }^{ \frac{4 - 3}{4} } [/tex]

[tex]10 {}^{ \frac{ 1}{4} } [/tex]

Answer: B and D

Step-by-step explanation:

Edge 2023

A company makes chocolate candies in the shape of a solid sphere. Each piece of candy has a diameter of 9 cm . If a box contains 10 pieces of candy, how much chocolate does the box contain?
Use 3.14 for π, and do not round your answer.

Answers

Step-by-step explanation:

The Volume of a Sphere ( One piece of candy ) = 4/3πr³

r = diameter/2 = 9/2 = 4.5 cm

Volume = 4/3(3.14)(4.5³)

V = 381.51 cm³

the box contains 10 pieces so the box contains :

381.51 x 10 = 3815.1 cm³ of chocolate

You want to know the average height of your three closest friends.
Should you survey the population or a sample?

Answers

Answer:

population

Step-by-step explanation:

Help picture below problem 13

Answers

The Pythagorean theorem is the idea that the sum of the two legs which are both squared is equal to the hypotenuse's length squared.

     *look at the image I attached for a better explanation

By looking at the picture, we are missing the leg's length, and by using the Pythagorean theorem, we get the equation

    [tex]?^2+5^2 = 13^2\\?^2 + 25 = 169\\?^2 = 144\\? = 12[/tex]

Thus the missing side length is 12 cm

Hope that helps!

In your own words, name the two operations used for converting weight measurements, and describe when to use each.

What are the 2 operations that you use to convert weight? I'm confused.
Is it multiplying and dividing?

Answers

Answer:

In physics the standard unit of weight is Newton, and the standard unit of mass is the kilogram. On Earth, a 1 kg object weighs 9.8 N, so to find the weight of an object in N simply multiply the mass by 9.8 N. Or, to find the mass in kg, divide the weight by 9.8 N.Divide the object's weight by the acceleration of gravity to find the mass.

Step-by-step explanation:

this is what i think

when a square's side is two units long,its perimiter is eight units

Answers

Answer:

Yes

Step-by-step explanation:

Because it has 4 sides and 4 x 2 = 8

PLEASE HELP PLEASE help

Answers

Answer:

Q. Equal

Step-by-step explanation:

"The same" means equal. Its kind of like equations.

1 is equal to 1 they are the same number

answer: Equal

Step-by-step explanation: being the same in quantity, size, degree, or value.

PLEASE HELP WILL GIVE BRANLIEST

Answers

3.75 is the answer I think it is

A picture frame measures 18 cm by 20 cm on the outside, and 168 cm?
of picture shows.
Find the width of the frame around the picture.
The width of the frame is
cm.

Answers

Answer:

hello

( 20 - 2 x ) ( 18 - 2 x )

= 360 - 40 x - 36 x + 4 x²

= 4 x² - 76 x + 360

Step-by-step explanation:

Figure ABCD is a parallelogram.

Parallelogram A B C D is shown. A diagonal is drawn from point A to point C.

Which sequence could be used to prove that AD = BC?

First prove TriangleABC is congruent to TriangleCDA, and then state AD and BC are corresponding sides of the triangles.
First prove TriangleABC is similar to TriangleCDA, and then state AD and BC are opposite sides of the parallelograms.
First prove ParallelogramABCD is congruent to ParallelogramCDAB, and then state AD and BC are corresponding sides of two parallelograms.
First prove ParallelogramABCD is similar to ParallelogramCDAB, and then state AD and BC are opposite sides of the parallelograms.

Answers

Answer:

A

First prove Triangle ABC is congruent to Triangle CDA, and then state AD and BC are corresponding sides of the triangles.

Hope this helps!

Please Mark Brainleast!!!

The sequence to prove that AD = BC is; First prove ABC is similar to CDA, and then state AD and BC are opposite sides of the parallelograms.

How to prove Quadrilateral Theorems?

From the question, we see that the parallelogram ABCD has a diagonal AC. Thus; AB║ CD and AD║BC.

Now, the parallelogram is divided into two triangles ΔABC and ΔADC by its diagonal AC.

Thus;

∠ACB = ∠DAC  and ∠CAB = ∠ACD  because they are alternate interior angles.

Also, AC = AC  (Reflexive property)

Thus; by ASA congruence postulate, we can say that; ΔABC ≅  ΔADC

Also, by corresponding sides of the congruent triangles are congruent we can say that AD = BC.

Read more baout Quadrilateral proofs at; https://brainly.com/question/2698923

evaluate the expression 4 3x when x is 2

Answers

4 times 3(2) = 24
24 would be the answer

Which of the numbers below is greater than 36.785 Select all that apply

A) 36.78
B) 36.79
C) 41.2
D) 36.789

Answers

B. 36.79
C. 41.2
D. 36.789

​4sin45 degrees cos 15degrees=1+square root 3

Answers

[tex]\text{R.H.S}\\\\=4\sin 45^{\circ} \cos 15^{\circ} \\\\=4\sin 45^{\circ} \cos (45^{\circ}-30^{\circ})\\ \\=4 \sin 45^{\circ} \left(\cos 45^{\circ} \cos 30^{\circ} +\sin 45^{\circ} \sin 30^{\circ} \right)\\\\=4 \left(\sin 45^{\circ} \cos 45^{\circ} \cos 30^{\circ} +\sin^2 45^{\circ} \sin 30^{\circ} \right)\\[/tex]

[tex]=4\left[\dfrac 1{\sqrt 2} \cdot \dfrac 1{\sqrt 2} \cdot \dfrac{\sqrt 3}2 +\left( \dfrac 1{\sqrt 2} \right)^2 \cdot \dfrac 12 \right]\\ \\=4\left(\dfrac{\sqrt 3}4 +\dfrac 14\right)\\\\=4\cdot \dfrac 14 \left(1+\sqrt 3\right)\\\\=1+\sqrt 3\\\\=\text{L.H.S}[/tex]

write the fractions in least to greatest
1/5 3/4 1/3 2/4 6/24

Answers

Answer: 1/5 6/24 1/3 2/4 3/4

Step-by-step explanation: bigger the denominator smaller the value.

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