Solve the Problem. -A Retired Couple Has $140,000 to Invest to Obtain Annual

question 10

Multiple Choice

Solve the problem.
-A retired couple has $140,000 to invest to obtain annual income. They want some of it invested in safe Certificates of Deposit yielding 5%. The rest they want to invest in AA bonds yielding 12% per year. How much
Should they invest in each to realize exactly $13,300 per year?

• A) $90,000 at 5% and $50,000 at 12%
• B) $80,000 at 5% and $60,000 at 12%
• C) $90,000 at 12% and $50,000 at 5%
• D) $100,000 at 12% and $40,000 at 5%

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Definitions:

Finally Block

A block of code in certain programming languages that is executed after a try block, regardless of whether an exception was thrown or caught.

Last Catch Block

The final block in a series of try-catch statements in programming that catches any remaining uncaught exceptions.

Checked Exception

In Java, a type of exception that is checked at compile-time for a smooth execution of the program and must be either caught or declared in the method's throws clause.

Class Object

In object-oriented programming, a class object is an instance of a class, where the class provides a blueprint or template that defines the properties and behaviors of the objects.