Betsy a recent retiree requires 6 000 per year in extra

Last updated: 3/9/2024

Betsy a recent retiree requires 6 000 per year in extra income She has 70 000 to invest and can invest in B rat bonds paying 15 per year or in a certificate of deposit CD paying 7 per year How much money should be invested in each to realize exactly 6 000 in interest per year The amount of money invested at 15 The amount of money invested at 7