subject
Mathematics, 07.06.2020 10:57 ScardeySpiderAlt

You have $10,000 to invest, and three different funds from which to choose. The municipal bond fund has a 7% return, the local bank's CDs have an 8% return, and the high‐risk account has an expected (hoped‐for) 12% return. To minimize risk, you decide not to invest any more than $2,000 in the high‐risk account. For tax reasons, you need to invest at least three times as much in the municipal bonds as in the bank CDs. Assuming the year‐end yields are as expected, what are the optimal investment amounts?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 20.06.2019 18:02
What is the midpoint of the segment below? (-4,-7) (5,6)
Answers: 1
question
Mathematics, 21.06.2019 17:30
Thelime contains the point(-3,0) and parallel x-3y=3( show all work)
Answers: 3
question
Mathematics, 21.06.2019 21:00
3x + 4y = 5 x- 3y = -7 solve by substitution
Answers: 1
question
Mathematics, 21.06.2019 23:00
Devonte is balancing his checking account. his account statement does not include a deposit of $107.00 that he made on november 1st. what is devonte’s actual account balance?
Answers: 1
You know the right answer?
You have $10,000 to invest, and three different funds from which to choose. The municipal bond fund...
Questions
question
Social Studies, 02.09.2019 06:00
question
Chemistry, 02.09.2019 06:00
question
Social Studies, 02.09.2019 06:00
Questions on the website: 13722362