Solve the problem.A $84,000 trust is to be invested in bonds paying 9%, CDs paying 8%, and mortgages paying 10%. The bond and CD investment must equal the mortgage investment. To earn a $7880 annual income from the investments, how much should the bank invest in bonds?
A. $32,000
B. $30,000
C. $10,000
D. $42,000
Answer: A
Mathematics
You might also like to view...
Solve the problem.Solve the equation using Newton's method.sin-1 x = 1 - 3x
A. 0.249302 B. 0.247107 C. 0.249579 D. 0.249335
Mathematics
For the points P and Q, find the distance d(P, Q).P(5, 4), Q(-4, -1)
A. 
B. 45
C. 
D. 4
Mathematics
Simplify. Write answers without negative exponents. Assume that all variables represent nonzero real numbers.(-2x-1y-3)2
A. 
B. 
C. 4x2y6
D. - 
Mathematics
Simplify. Remember that we have assumed that radicands do not represent the square of a negative number.
A. (5x + 3)2
B. 5x + 3
C. none of these
D. 
Mathematics