Posted by **edward** on Thursday, April 4, 2013 at 10:49am.

a trust fund has rs30000 that must be invested in two diferent types of bonds.the first bond pays 5% and second 7% interest per year. using matrix multiplication determine how to divide rs 30000 among two types of bonds if the trust must obtain na annual total interest of

(a)rs 1800 (b)rs2000 (c)rs1600

## Answer this Question

## Related Questions

- maths - A man invested Rs30000 in two types of bonds.On one he earns 5% and on ...
- mat h - ms. buxx invested a total of $2000 in two savings accounts. The first ...
- 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 ...
- Math - How do I formulate this question to be solved in the POM-QM software? ...
- Algebra 1 - Ms. Buxx invested a total of $2000 in two saving accounts. The first...
- Algebra - In 2005, Lee invested $2000 in a fund that pays 5% interest for the ...
- bond valuation - Bond valuation The Garraty Company has two bond issues ...
- bond valuation - Bond valuation The Garraty Company has two bond issues ...
- investing - You work for an insurance company. You have an obligation to pay $1 ...