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Mathematics, 14.10.2020 01:01 Anaaguayo954
Kelly has $20000 to invest, and hopes to earn $1390 in interest in the first year. She wants her investment in treasury bills to be $3000 more than her investment in corporate bonds. The expected return (in simple interest) on each investment are: Treasury Bills: 5%, Treasury Bonds: 7%, Corporate Bonds: 10%. How much should Kelly invest in each one?
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Kelly has $20000 to invest, and hopes to earn $1390 in interest in the first year. She wants her inv...
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