Solve the problem.Zach is planning to invest up to $45,000 in corporate and municipal bonds. The least he will invest in corporate bonds is $7000 and he does not want to invest more than $25,000 in corporate bonds. He also does not want to invest more than $26,087 in municipal bonds. The interest is 8.4% on corporate bonds and 6.4% on municipal bonds. This is simple interest for one year. What is the maximum income?
A. $23,380
B. $3380
C. $5820
D. $28,380
Answer: B
Mathematics
You might also like to view...
Use the data set {-100, -99, -98, ..., -2, -1, 0} to answer the following question(s).The data set has a first quartile of
A. -74.4. B. -75.5. C. -76. D. -75. E. none of these
Mathematics
Graph the solution set of the inequality, where x is an integer, on the number line.x > -1
A.
B.
C.
D.
Mathematics
Provide an appropriate response.Solve the equation involving a square: x2 = 25
A. x = ±12.5 B. x = ±5 C. x = 5 D. x = 12.5
Mathematics
Use a sum-to-product identity to rewrite the expression.sin (9t + 9) + sin (2t + 1)
A. 2 cos sin
B. 2 sin sin
C. 2 cos cos
D. 2 sin cos
Mathematics