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Mathematics, 30.11.2021 23:20 Elp20
A person has $20,000 to invest. As the person's financial consultant, you recommend that the money be invested in Treasury bills that yield 3%, Treasury bonds that yield 6%, and
corporate bonds that yield 9%. The person wants to have an annual income of $1170, and the amount invested in corporate bonds must be half that invested in Treasury bills. Find
the amount in each investment.
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Answers: 1
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A person has $20,000 to invest. As the person's financial consultant, you recommend that the money b...
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