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

Find the area of triangle, Find the area of TRIANGLE ? To find the area...

Find the area of TRIANGLE ? To find the area of a triangle, multiply the base (b) by the height (h), and divide the resulting number in half. In other words, area is. It is

Introduction to why learn mathematics, INTRODUCTION : All of us have encou...

INTRODUCTION : All of us have encountered mathematics while growing up. Some of us have grown to like it, and therefore, enjoy. doing it. Some others have developed a lukewarm rel

Integers, Explain with the help of number line (-6)+(+5)

Explain with the help of number line (-6)+(+5)

Round 14.851 to the nearest tenth, Round 14.851 to the nearest tenth? T...

Round 14.851 to the nearest tenth? The tenths place is the ?rst number to the right of the decimal. Here the number 8 is in the tenths place. To decide whether to round up or

Computing change for a given coin system, This problem involves the questio...

This problem involves the question of computing change for a given coin system. A coin system is defined to be a sequence of coin values v1 (a) Let c ≥ 2 be an integer constant

Which expression has an answer of 18, Which expression has an answer of 18?...

Which expression has an answer of 18? Use the order of operations and try every option. The first option results in 14 since 2 . 5 = 10, then 10 + 4 = 14. This does not work. T

Explain basic concepts of parallel lines, Explain Basic Concepts of Paralle...

Explain Basic Concepts of Parallel Lines ? Parallel lines are defined in section 1.2 and we use "//" to denote it. From the definition, we can get the following two consequenc

Find out indegree, Question: Consider a digraph D on 5 nodes, named x0...

Question: Consider a digraph D on 5 nodes, named x0, x1,.., x4, such that its adjacency matrix contains 1's in all the elements above the diagonal A[0,0], A[1,1], A[2,2],.., e

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