subject
Business, 28.11.2019 19:31 eloyjrcruz101

Cyndee wants to invest $50,000. her financial planner advises her to invest in three types of accounts: one paying 4%, one paying 5 1 2 %, and one paying 6% simple interest per year. cyndee wants to put twice as much in the lowest-yielding, least-risky account as in the highest-yielding account. how much should she invest in each account to achieve a total annual return of $2475?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 19:50
Which of the following best describes the economic effect that results when the government increases interest rates and restricts the lending of money? a. borrowing money becomes more expensive and there is less investment in production. b. the economy grows as investments result in larger profits. c. government spending drives up prices because of greater competition for goods and services. d. consumers save more money and spend less buying goods and services.
Answers: 2
question
Business, 22.06.2019 14:50
The following information is needed to reconcile the cash balance for gourmet catering services. * a deposit of $5,600 is in transit. * outstanding checks total $1,000. * the book balance is $6,400 at february 28, 2019. * the bookkeeper recorded a $1,800 check as $17,200 in payment of the current month's rent. * the bank balance at february 28, 2019 was $17,410. * a deposit of $400 was credited by the bank for $4,000. * a customer's check for $3,300 was returned for nonsufficient funds. * the bank service charge is $90. what was the adjusted book balance?
Answers: 1
question
Business, 22.06.2019 19:00
20. to add body to a hearty broth, you may use a. onions. b. pasta. c. cheese. d. water.
Answers: 2
question
Business, 22.06.2019 19:40
On april 1, santa fe, inc. paid griffith publishing company $2,448 for 36-month subscriptions to several different magazines. santa fe debited the prepayment to a prepaid subscriptions account, and the subscriptions started immediately. what amount should appear in the prepaid subscription account for santa fe, inc. after adjustments on december 31 of the first year assuming the company is using a calendar-year reporting period and no previous adjustment has been made?
Answers: 1
You know the right answer?
Cyndee wants to invest $50,000. her financial planner advises her to invest in three types of accoun...
Questions
question
Biology, 05.03.2021 23:10
question
Mathematics, 05.03.2021 23:10
question
Mathematics, 05.03.2021 23:10
question
Mathematics, 05.03.2021 23:10
question
Mathematics, 05.03.2021 23:10
question
Mathematics, 05.03.2021 23:10
Questions on the website: 13722363