Tuesday

September 30, 2014

September 30, 2014

Posted by **Nukdog** on Wednesday, June 24, 2009 at 9:27am.

Deborah inherited a large sum of money; she wants to use a portion of this money to set up a trust fund for her two children. The trust fund has two investment options: 1) a bond fund and 2) a stock fund. The projected returns over the life of the investments are 6% for the bond fund and 10% for the stock fund. Whatever portion of the inheritance she finally decides to commit to the trust fund, she wants to invest at least 30% of the amount in the bond fund. In addition, she wants to select a mix that will enable her to obtain a total return of at least 7.5%.

**Answer this Question**

**Related Questions**

Math - Deborah inherited a large sum of money; she wants to use a portion of ...

Stats - G. Johnson recently inherited a large sum o money; he wants to use a ...

contemporary math - Quinn and Julius inherited $50,000 each from their great-...

Math - Sarah was given a sum of money. She spent the same amount of money each ...

math - How would I do this? A sum of money is divided among three persons, X,Y,Z...

Business Math - Quinn and Julius inherited $50,000 each from their great-...

Math - Quinn and Julius inherited $50,000 each from their great-grandmother’s ...

math - linda inherited an estate worth $225000.the attorney told her that the ...

Maths - 3 boys, Aaron, Benny and Charles, share a sum of money. Aaron receives ...

Math - formulate but do not solve the linear programming problem. Tracy has at ...