Maths for Social Science, Mathematics

Assignment Help:
A retired couple has up to $30000 to invest in fixed-income securities. Their broker recommends investing in two bonds: one a AAA bond yielding 8%; the other a B+ bond paying 12%. After some consideration, the couple decides to invest at most $12000 in the B+ rated bond and at least $6000 in the AAA bond. They also want the amount invested in the AAA bond to exceed or equal the amount invested in the B+ bond. What should the broker recommend if the couple wants to maximize the return on investment?

Related Discussions:- Maths for Social Science

Polar coordinates - parametric equations & polar coordinates, Polar Coordin...

Polar Coordinates Till this point we've dealt completely with the Cartesian (or Rectangular, or x-y) coordinate system.  Though, as we will see, this is not all time the easie

Independent & Dependent functions, I am learning this at school today and I...

I am learning this at school today and I started getting confused which one is which, can you help me?

Division, how do you turn 91 divided by730 into a compatible number

how do you turn 91 divided by730 into a compatible number

What is the total balance of an account after 18 months, A certain bank pay...

A certain bank pays 3.4% interest per year for a certificate of deposit, or CD. What is the total balance of an account after 18 months along with an initial deposit of $1,250?

Triangle inequalities, poa is a straight line in circle,wher o is center of...

poa is a straight line in circle,wher o is center of circle,b is any pointjoined with p.prove that pa>pb

How many miles required to be driven for both services cost, Easy Rider tax...

Easy Rider taxi service charges a pick-up fee of $2 and $1.25 for each mile. Luxury Limo taxi service charges a pick-up fee of $3.25 and $1 per mile. How many miles required to be

Rates of change and tangent lines in limits, Rates of Change and Tangent Li...

Rates of Change and Tangent Lines : In this section we will study two fairly important problems in the study of calculus. There are two cause for looking at these problems now.

Word problem, A computer is programmed to scan the digits of the counting n...

A computer is programmed to scan the digits of the counting numbers.For example,if it scans 1 2 3 4 5 6 7 8 9 10 11 12 13 then it has scanned 17 digits all together. If the comput

Linear equation, develop any two linear equation which are reducible into l...

develop any two linear equation which are reducible into linear form from our daily life by cross multiplication

Properties of dot product - proof, Properties of Dot Product - proof P...

Properties of Dot Product - proof Proof of: If v → • v → = 0 then v → = 0 → This is a pretty simple proof.  Let us start with v → = (v1 , v2 ,.... , vn) a

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd