Solve the problem.A $164,000 trust is to be invested in bonds paying 9%, CDs paying 8%, and mortgages paying 10%. The bond and CD investment together must equal the mortgage investment. To earn a $15,260 annual income from the investments, how much should the bank invest in bonds?
A. $32,000
B. $48,000
C. $82,000
D. $50,000
Answer: D
Mathematics
You might also like to view...
Find by using the Chain Rule. Express your final answer in terms of t.w =x2 + xy + y2, x = e4t, y = t
A. 8e8t + (4t + 1)e4t + 2t B. 4e8t + (4t + 1)e4t + 8t C. 8e8t - 4te4t + 2t D. 4e8t + (4t + 1)e4t + 2t
Mathematics
Evaluate the integral by using a substitution prior to integration by parts.
A. x 2 + 2x
- 2x + C
B. x 2 - 2x
+ C
C. x 2 - 2x
+ 2x + C
D. x 2 - x
+ x + C
Mathematics
Add the polynomials.(4y5 - 3y2) + (8y5 - 7y2)
A. 12y10 - 10y4 B. 2y7 C. 2y14 D. 12y5 - 10y2
Mathematics
Simplify the expression. If any variables exist, assume that they are positive. +
A. 5
B. 6.5
C.
D. 13
Mathematics