February 25, 2017

Homework Help: Math

Posted by Jaison on Tuesday, February 22, 2011 at 2:20pm.

You would like to invest in $12,000 in two different bonds. Some of the amount will be invested in treasury bonds at 10% annual interest and the rest in municipal bonds at 15%. What amount should be invested in each type of bond rate if the annual yield expected is $1,440?

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions