Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. write the system of equations only do not solve an

Write the system of equations only Do not solve An investment firm recommends that a...

80.2K

Verified Solution

Question

Basic Math

image

Write the system of equations only Do not solve An investment firm recommends that a client invest in bonds rated AAA A and B The average yield on AAA bonds is 4 on A bonds 8 and on B bonds 12 The client wants to invest twice as much in A bonds as in B bonds How much should be invested in each type of bond if the total investment is 24 000 and the investor wants an annual return of 1740 on the three investments Let x be the number of AAA bonds y the number of A bonds and z the number of B bonds Ox y z 24 000 4x 8y 12z 174 000 y 2z 0 Ox y z 24 000 4x 8y 12z 17 400 y 2z 0 O x y z 24 000 4x 8y 12z 174 000 2y z 0 O x y z 24 000 4x 8y 12z 174 000 x 2z 0

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Differentiate between bank overdraft and accruals. Discuss the different forms of long-term debt.

Medical Sciences
1.2K views

If you discovered that a patient had anemia based on a complete blood count (CBC) with...

Electrical Engineering
1.2K views

Concept Map: Diversity of capacitor types used in electronics. To Do: 1) Cite 4 examples of capacitor’s use...

Basic Math
1.2K views

Problem 8-12 (Algorithmic) Many forecasting models use parameters that are estimated using nonlinear optimization. The basic exponential...

Basic Math
1.2K views

Draw a Venn diagram and use the given information to fill in the number of...

Algebra
1.2K views

72 Show that no 2 x 2 matrices A and B exist that satisfy the...

Accounting
1.2K views

The records of Cordova Corp. showed the following transactions, in the order given, relating to...

Accounting
1.2K views

Required information [The following information applies to the questions displayed below] Great American Oilchange (GAO)...

Accounting
1.2K views

part 2 payroll questions 1-4 Blue Incorporated purchased Yellow Company with a negotiated purchase...

Accounting
1.2K views

Assignment 3: Audit Risk and Sampling Specifically you will be required to: Explain the...

Accounting
1.2K views

The Riteway Ad Agency provides cars for its sales staff. In the past, the company...

Accounting
1.2K views

The data below represents the amount of grams of carbohydrates in a sample serving of...