One Safe Investment Pays 10% Per Year, and a More

question 170

Multiple Choice

One safe investment pays 10% per year, and a more risky investment pays 18% per year. A woman who has $146,400 to invest would like to have an income of $21,000 per year from her investments. How much should she invest at in the 18% rate fund? ​

• A)$66,900
• B)$79,500
• C)$116,100
• D)$92,880
• E)$63,600

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Definitions:

Self-oriented

Focused on one's own needs, interests, or benefits, often without considering those of others.

Relations-oriented

A leadership style focused on supporting, motivating, and developing team members, emphasizing interpersonal relationships.

Employee Morale

The overall outlook, attitude, satisfaction, and confidence that employees feel at work, which can influence productivity and teamwork.

Intense Business Demand

Refers to a period when the need for a business's products or services is significantly higher than usual, leading to increased pressure on resources and operations.