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Suppose That You Receive an Inheritance of $48,000

Question 87

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Suppose that you receive an inheritance of $48,000. You decide to invest some of the money in stocks and some in certificates of deposit (CDs) . Because the CDs are a less risky investment you want to put 3 times as much into CDs as stocks. How much are you going to invest in each type of account?


A) Suppose that you receive an inheritance of $48,000. You decide to invest some of the money in stocks and some in certificates of deposit (CDs) . Because the CDs are a less risky investment you want to put 3 times as much into CDs as stocks. How much are you going to invest in each type of account? A)    B)    C)    D)    E)  none of these
B) Suppose that you receive an inheritance of $48,000. You decide to invest some of the money in stocks and some in certificates of deposit (CDs) . Because the CDs are a less risky investment you want to put 3 times as much into CDs as stocks. How much are you going to invest in each type of account? A)    B)    C)    D)    E)  none of these
C) Suppose that you receive an inheritance of $48,000. You decide to invest some of the money in stocks and some in certificates of deposit (CDs) . Because the CDs are a less risky investment you want to put 3 times as much into CDs as stocks. How much are you going to invest in each type of account? A)    B)    C)    D)    E)  none of these
D) Suppose that you receive an inheritance of $48,000. You decide to invest some of the money in stocks and some in certificates of deposit (CDs) . Because the CDs are a less risky investment you want to put 3 times as much into CDs as stocks. How much are you going to invest in each type of account? A)    B)    C)    D)    E)  none of these
E) none of these

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