Solve the problem.A $166,000 trust is to be invested in bonds paying 7%, CDs paying 5%, and mortgages paying 9%. The bond and CD investment must equal the mortgage investment. To earn an $12,480 annual income from the investments, how much should the bank invest in bonds?
A. $43,000
B. $40,000
C. $41,000
D. $83,000
Answer: A
Mathematics
You might also like to view...
?Find the volume of a right circular cylinder with radius 4 ft and height 8 ft surmounted by a semi-sphere of radius 4 feet.
A.
?
? ft3
B.
?
ft3
C.
?256? ft3
D.
?
? ft3
E.
?
ft3
Mathematics
Evaluate the integral.
A. 
B. Diverges
C. 1
D. 
Mathematics
The pair of figures is similar. Find the missing side n. Round to the nearest tenth when necessary.
A. n = 182 cm B. n = 45.5 cm C. n = 3.7 cm D. n = 1.1 cm
Mathematics
Determine whether the graph is the graph of a function.
A. Yes B. No
Mathematics