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

Estimate the cost of the car, Kyra receives a 5% commission on every car sh...

Kyra receives a 5% commission on every car she sells. She received a $1,325 commission on the last car she sold. What was the cost of the car? Use the proportion part/whole =

Wronskian, In the earlier section we introduced the Wronskian to assist us ...

In the earlier section we introduced the Wronskian to assist us find out whether two solutions were a fundamental set of solutions. Under this section we will look at the other app

What is minimum spanning tree, What is minimum spanning tree?  Determine a ...

What is minimum spanning tree?  Determine a railway network of minimal cost for the cities in the following graph using Kruskal's algorithm. Ans: Minimum spanning tree in a con

Climate and vegetation of southeast asia, 1.) How does the monsoon influenc...

1.) How does the monsoon influence the climate and vegetation of Southeast Asia? 2.) What is the main crop in Southeast Asia and the main systems by which it is produce? How and

Properties of integer exponents, Note that there are two possible forms for...

Note that there are two possible forms for the third property. Usually which form you use is based upon the form you want the answer to be in. Note as well that several of these

Simultaneous equations, Before we look at simultaneous equations let ...

Before we look at simultaneous equations let us brush up some of the fundamentals. First, we define what is meant by an equation. It is a statement which indicate

Arc length for parametric equations, Arc Length for Parametric Equations ...

Arc Length for Parametric Equations L = ∫ β α √ ((dx/dt) 2 + (dy/dt) 2 ) dt Note: that we could have utilized the second formula for ds above is we had supposed inste

GCF, Find the GCF of 70 and 112

Find the GCF of 70 and 112

Find out the volume of the solid- method of rings, Find out the volume of t...

Find out the volume of the solid obtained by rotating the region bounded by y = x 2 - 2x and  y = x about the line y = 4 . Solution: Firstly let's get the bounding region & t

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