How much money should be invested in each to realize

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Reference no: EM13186559

Solve the following word problem:

Sue, a recent retiree, requires $6,000 per year in extra income. She has $50,000 to invest and can invest in B-rated 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?

1. Given: P1 = (-2, -3) and P2 = (3,-5),

a) Find the distance between the two points.

b) Find the midpoint of the line segment from P1 to P2.

c) What is the slope of the line contaiing the points P1 to P2.

2. Determine the quadratic function whose vertex is (1, -5) and whose y-intercept is -3.

Reference no: EM13186559

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