![iamsecond235p318rq](/avatars/34682.jpg)
iamsecond235p318rq
22.07.2020 •
Mathematics
QUESTION 4 (10 MARKS)
A retired couple requires an annual return of $2,000 from investment of $20,000. There are 3
options available:
(A) Treasury Bills yielding 9%;
(B) Corporate bonds 11%;
(C) Junk Bonds, 13%
How much should be invested in each to achieve their goal? Give 3 sets of options that can
achieve their goal.[10 Marks]
Solved
Show answers
More tips
- C Computers and Internet Why is Yandex s robot Bless.yandex.ru Important?...
- S Science and Technology How to Restore the Diamond Shine to Your Tarnished Silverware...
- C Computers and Internet What Are Peers and Seeds in Torrenting?...
- L Leisure and Entertainment How to Find a Phone Number by Address: The Ultimate Guide...
- F Food and Cooking Pu-erh Tea: History, Varieties, Benefits, and Risks...
- S Style and Beauty Why is Sugaring Better than Waxing for Hair Removal?...
- C Computers and Internet How to Delete a Page on VKontakte: The Ultimate Guide from Experts...
- F Food and Cooking How to Make Delicious Plov: Secrets and Recipes...
- H Health and Medicine 10 Simple Techniques on How to Boost Your Mood...
- L Leisure and Entertainment Unlocking the Secrets of Winning the Lottery...
Answers on questions: Mathematics
- M Mathematics Ahouse is assessed for $220,00. if a tax rate is $3 per $100, find the property tax. use the following formula to answer the question: property tax = assessed value/$100...
- M Mathematics Digit in the ten thousand place for 913,256...
- M Mathematics Pleas halp meh what angle measure is complementary to a 37° angle...
- M Mathematics Solve the equation and check the solution. a + 2.4 = 7.8...
- M Mathematics Tom lived 3 miles from his school. if he rode his bike 3/8 of the distance and then walked the rest, how far did he ride his bike?...
- M Mathematics In slope intercept form, write the equation for the line that passes through the point (2,3) and the point (7,13)....
- M Mathematics Asegment has endpoints at (-2,3) and (7,9), how long is the segment?...
- M Mathematics Abill for $9.37 is paid with a $5 bill, five $1 bills, one nickel, and two pennies. how much change should be given back? 0.37 0.70 1.70...
- M Mathematics What fraction of the class wore skirts? in the class 2/3 of the students were girls and 1/5 of the girls wore skirts....
- M Mathematics Acarton can be 1000 unit cubes that measure 1 inch by 1 inch by 1 inch describe the dimensions of the carton using unit cubes...
Ответ:
A. $22,223
B. $20,000
C. $20,000
Explanation:
The annual return of the retired couple's investment is called the yield in percentage.
A. If they go for Treasury bills which has a yield of 9%, to attain a return of at least $2,000 their investment must exceed $20,000. 9% of 22,223 = $2,000.07
B. . If they go for Corporate bonds option which has a yield of 11%, to attain a return of at least $2,000; 11% of 20,000 = $2,200
C. . If they go for Junk bonds option which has a yield of 13%, to attain annual return of at least $2,000; 13% of $20,000= $2,600
Ответ:
It's a
Step-by-step explanation: