Solve the problem.Jancie has $190,000 to invest to obtain annual income. She wants some of it invested in safe Certificates of Deposit yielding
The rest she wants to invest in AA bonds yielding
per year. How much should she invest in each to realize exactly
per year?
A. $150,000 at 11% and $40,000 at 6%
B. $160,000 at 11% and $30,000 at 6%
C. $150,000 at 6% and $40,000 at 11%
D. $140,000 at 6% and $50,000 at 11%
Answer: A
Mathematics
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