Work. Do Not Solve

question 56

Multiple Choice

work. Do not solve.
-5x + 9y = -12
-4x - 4y = -32
A) Substitution B) Addition
Answer: B
Write the word or phrase that best completes each statement or answers the question.
-A retired couple has $140,000 to invest to obtain annual income. They want some of it invested in safe Certificates of Deposit yielding 7%. The rest they want to invest in AA bonds yielding 10% per
Year. How much should they invest in each to realize exactly $12,500 per year?

• A) Substitution B) Addition
• Answer: B
• Write the word or phrase that best completes each statement or answers the question.
• -A retired couple has $140,000 to invest to obtain annual income. They want some of it invested in safe Certificates of Deposit yielding 7%. The rest they want to invest in AA bonds yielding 10% per
• Year. How much should they invest in each to realize exactly $12,500 per year?
• A) $90,000 at 10% and $50,000 at 7%
• B) $100,000 at 10% and $40,000 at 7%
• C) $80,000 at 7% and $60,000 at 10%
• D) $90,000 at 7% and $50,000 at 10%

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Definitions:

Articles of Incorporation

Official papers submitted to a governmental authority to officially register the formation of a company.

Assets Obligations

Duties or debts that an individual or entity is required to fulfill based on ownership of assets.

Merger

The combination of two or more companies into one, where one survives and the others cease to exist.

Creditors

Individuals or institutions that are owed money by debtors or borrowers.