Solve the problem.Martin purchased some municipal bonds yielding 8% annually and some certificates of deposit yielding 11% annually. If Martin's investment amounts to $23,000 and the annual income is $2230, how much money is invested in bonds and how much is invested in certificates of deposit?
What will be an ideal response?
$10,000 in bonds; $13,000 in certificates of deposit
Mathematics
You might also like to view...
Find the indicated probability. Round your answer to 6 decimal places when necessary.Two fair 6-sided dice are rolled. What is the probability that the sum of the two numbers on the dice is greater than 10?
A.
B. 3
C.
D.
Mathematics
Subtract. Write the answer in lowest terms. -
A.
B.
C.
D.
Mathematics
Find fraction notation.0.0146146146 . . .
A.
B.
C.
D.
Mathematics
Use the change-of-base formula and a calculator to evaluate each logarithm.log100 30
A. 3.4012 B. 0.7386 C. 4.6052 D. 1.354
Mathematics