Mathematics

2 June, 21:33

Suppose you have $5000 to invest. A certificate of deposit (CD) earns 6% annual interest, while bonds, which are more risky, earn 8% annual interest. You decide to invest $2000 in a CD and the rest in bonds. How much interest will you have earned at the end of one year?

+2

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Suppose you have $5000 to invest. A certificate of deposit (CD) earns 6% annual interest, while bonds, which are more risky, earn 8% annual ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Carmen has taken out a loan for $800 to buy a car. She plans to pay back the loan at a rate of $40 per month. How long will it take Carmen to pay back her loan?

Which word could best replace either of the underlined words in the paragraph? At the picnic, the children said they were so hungry they could devour at least four sandwiches apiece. But most were only able to consume one.

There are about 1.5 grams of fat in 1 tabespoon of humus. how many grams of fat are in 2 1/2 cups of hummus?

Jeremy is looking at two different options for a new gym membership. Plan A has a fee of $40 plus an additional fee of $19.95 per month. With this plan, the first 3 months are free. Plan B has a fee of $59.85 plus an additional fee of $29.

Solve the proportion 4/5=x/27

New Questions in Mathematics

Determine the following quadratic equations have real roots 1) 3x² - √2x-√3

A group of 11 friends heads to the pub on quiz night. The maximum size allowed for a quiz team is 3 and nobody wants to compete solo! In how many different groupings can the friends enter into the quiz?

A factory produced 6 motorcycles in 9hours. Determined how many hours it takes to produce 16 motorcycles at this rate

What is the scale factor of a cube with a volume of 512m^3 to a cube with a volume of 3,375m^3 A. 8:15 B. 64:225 C. 15:8 D. 225:64

The volume of 10,000 drops of a liquid is 10 fluid ounces. What is the volume of 10 drops?