Answer:
CD $ 70,000
Mutual fund $ 10,000
maximum return $ 6,200
Explanation:
we want to maximize return considering the following restrain
mutual fund > 10,000
certificate of deposit = > 2mutual fund
CD + Mutual Fund = 80,000
as the certificate yield is higher than mutual we will invest the minimum in mutual and the rest in the CD which will fullfil the requirement of at least twice as much invested in CD.
return = CD x 0.08 + mutual x 0.06
return = (80,000 - 10,000) x 0.08 + 10,000 x 0.06
return = 5,600 + 600 = 6,200
Answer:
D.
Explanation:
A treasury note is a form of currency that needs to get paid back with interest at a certain date.
Treasury notes, also known as T-notes, are issued by the US treasury. It earns a fixed interest rate every six months till it gets matured. The treasury notes get issued in terms of 2, 3, 5, 7, and 10 years. By issuing the treasury notes, the US government partially funds itself.
A treasury note is a promissory note that is to be paid back with interest.
Therefore, option D is correct.
Answer:C - Planning Stage
Explanation: The System Development Life Cycle is a model of which organisations use when developing a new system.
SDLC has 5 Phases or steps and they include:
- Planning
- Analysis
- Design
- Implementation
- Maintenance
Each stage of SDLC has its importance in the system development.
Planing: At this state, the problem is identified, options of solutions are given and analysed as well as the possible outcomes are considered.
Analysis: At this stage the various options given at the planning stage are analysed and validated
Design: At this stage, the analysed options are designed to give a logical evaluation of the model to be adopted
Implementation: At the state, the design is implemented and tested
Maintenance: At this state, the errors are corrected and validated.
12 I think is the answer it has jus been answered in my test