Betsy a recent retiree requires 5 000 per year in extra

Last updated: 1/22/2023

Betsy a recent retiree requires 5 000 per year in extra income She has 60 000 to invest and can invest in B rated bonds paying 15 per year or in a certificate of deposit CD paying 5 per year How much money should be invested in each to realize exactly 5 000 in interest per year The amount of money invested at 15 The amount of money invested at 5