Set up an equation that can be used to solve the problem. Solve the equation and answer the question asked.
-A retired couple has $210,000 to invest to obtain annual income. They want some of it invested in safe certificates of deposit yielding 6%. The rest they want to invest in AA bonds yielding 12% per year. How much
Should they invest in each to realize exactly $21,600 per year?
A) $150,000 at 6%; $60,000 at 12%
B) $160,000 at 12%; $50,000 at 6%
C) $140,000 at 6%; $70,000 at 12%
D) $150,000 at 12%; $60,000 at 6%

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The Answer of Set up an equation that can be used to solve the problem. Solve the equation and answer the question asked.
-A retired couple has $210,000 to invest to obtain annual income. They want some of it invested in safe certificates of deposit yielding 6%. The rest they want to invest in AA bonds yielding 12% per year. How much
Should they invest in each to realize exactly $21,600 per year?
A) $150,000 at 6%; $60,000 at 12%
B) $160,000 at 12%; $50,000 at 6%
C) $140,000 at 6%; $70,000 at 12%
D) $150,000 at 12%; $60,000 at 6%

Set Up an Equation That Can Be Used to Solve