Solve the problem.A $156,000 trust is to be invested in bonds paying 7%, CDs paying 5%, and mortgages paying 9%. The sum of the bond and CD investment must equal the mortgage investment. To earn an $11,580 annual income from the investments, how much should the bank invest in bonds?

A. $31,000
B. $78,000
C. $45,000
D. $33,000


Answer: D

Mathematics

You might also like to view...

Use a grapher to graph the function.The charge y on a certain capacitor as a function of time is given by  Charge is measured in coulombs, and time is measured in seconds. Sketch two cycles of y as a function of t. Label the point on the horizontal axis which represents the end of the second cycle.

A.

B.

C.

D.

Mathematics

Find the sum.89 + 6 + 93.57 + 47.235

A. 235.805 B. 235.815 C. 235.905 D. 236.805

Mathematics

Fill in the blank with the appropriate measurement relationship. qt =  1 gal

Fill in the blank(s) with the appropriate word(s).

Mathematics

Solve the problem using your calculator.Two separate tests are designed to measure a student's ability to solve problems. Several students are randomly selected to take both tests and the results are shown below. Use linear regression to find a linear function that predicts a student's score on Test B as a function of his or her score on Test A.

A. y = -0.930 + 19.4x B. y = -19.4 - 0.930x C. y = 0.930 - 19.4x D. y = 19.4 + 0.930x

Mathematics