subject
Mathematics, 13.05.2021 17:40 kel3194

A private investment club has $400,000 earmarked for investment in stocks. To arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high-risk, medium-risk, and low-risk. Management estimates that high-risk stocks will have a return rate of 14%; medium-risk stocks, 9%; and low-risk stocks, 6%. The members have decided that the investment in low-risk stocks should be equal to the sum of the investments in the stocks of the other two categories. Determine how much the club should invest in each type of stock if the investment goal is to have a return of $40,000 on the total investment. (Assume that all the money available for investment is invested. Let x, y, and z denote the amount, in dollars, invested in high-, medium-, and low-risk stocks, respectively.)

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 15:40
Marya wants to factor the polynomial 36x^3 -22x^2 - 144x.which term can she add to the polynomial that would not change its grestest common factor? check all that apply
Answers: 3
question
Mathematics, 21.06.2019 16:30
Astandard american eskimo dog has a mean weight of 30 pounds with a standard deviation of 2 pounds. assuming the weights of standard eskimo dogs are normally distributed, what range of weights would 99.7% of the dogs have? approximately 26–34 pounds approximately 24–36 pounds approximately 28–32 pounds approximately 29–31 pounds
Answers: 1
question
Mathematics, 21.06.2019 17:50
On a string instrument, the length of a string varies inversely as the frequency of its vibrations. an 11-inch string has a frequency of 400 cylces per second. find the frequency of a 10-icnch string.
Answers: 2
question
Mathematics, 21.06.2019 19:00
Me with geometry ! in this figure, bc is a perpendicular bisects of kj. dm is the angle bisects of bdj. what is the measure of bdm? •60° •90° •30° •45°
Answers: 2
You know the right answer?
A private investment club has $400,000 earmarked for investment in stocks. To arrive at an acceptabl...
Questions
question
Mathematics, 01.06.2021 20:50
question
Mathematics, 01.06.2021 20:50
question
Mathematics, 01.06.2021 20:50
Questions on the website: 13722367