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Solutions for Precalculus | 7th Edition | ISBN: 9780618643448 | Authors: Ron Larson, Robert P. Hostetler 9780618643448

Solution for problem 55 Chapter 7.3

The certificates of deposit pay 10% annually, and the municipal bonds pay 8% annually

Precalculus | 7th Edition


Problem 55

The certificates of deposit pay 10% annually, and the municipal bonds pay 8% annually. Over a five-year period, the investor expects the blue-chip stocks to return 12% annually and the growth stocks to return 13% annually. The investor wants a combined annual return of 10% and also wants to have only one-fourth of the portfolio invested in stocks.

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Chapter 6 end: Testrapods I. four-legged; handful of air-breathing organisms that have returned to life in the sea II. hypoosmotic to sea water III.two groups are ectothermic— amphibians and reptiles IV. vertebrates— relative of coelacanth; moved to land 350 may V. adaptations to breathing, movement, and desiccation A. then moved back to the ocean 1. turtles still lay eggs on land 2. whales completely adapted VI. amphibians— only one A. highly permeable skin also takes in salt B. Southeast Asian crab-eating frog— lives in estuaries/mangroves C. tadpole— osmoregulates like a teleost (osteichtyes) D. adults— osmoregulate like an elasmobranch VII.reptiles— 7,000 species A. most adapted to living on land 1. scales for water loss pr

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The certificates of deposit pay 10% annually, and the municipal bonds pay 8% annually