One safe investment pays 10% per year, and a riskier investment pays 18% per year. A woman

Question:

One safe investment pays 10% per year, and a riskier investment pays 18% per year. A woman who has $145,600 to invest would like to have an income of $20,000 per year from her investments. How much should she invest at each rate?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

See More Books

Question Posted: Feb 09, 2018 04:33 AM

See More Questions

One safe investment pays 10% per year and a more risky investment pays 18% per year. A woman has $144,800 to invest and would like to have an income of $20,000 per year from her investments. How much...
One safe investment pays 10% per year, and a more risky investment pays 18% per year. A woman has $145,600 to invest and would like to have an income of $20,000 per year from her investments. How...
A selective college would like to have an entering class of 900 students. Because not all students who are offered admission accept, the college admits more than 900 students. Past experience shows...
In Simpleland, there are only two risky assets in the market, A and B. The information and CAPM estimates of A and B are shown in the following table: A 100 Million 0.09 Market Capitalisation ($)...
What are the following temperatures on the Kelvin scale? (a) 86oC, (b) 78oF, (c) 100oC, (d) 5500oC, (e) 459oF?
A stone is thrown vertically upward with a speed of 12.0 m/s from the edge of a cliff 70.0 m high (Fig.2-34). (a) How much later does it reach the bottom of the cliff? (b) What is its speed just...
The velocity ratio of third systemof pulleys is _____.
1. Create an ERD for the reservations system. 2. Create 3NF table designs for the system. 3. Use sample data to populate the fields for three records. FastFlight Airlines is a small air carrier...
contains only direct materials. Compute the Cost of Goods Manufactured and Cost of Goods Sold for West Nautical Company for the most recent year using the amounts described next. Assume that Raw...
Nancy is depositing $2500 in a six-month term deposit that pays 0.5 percent interest. How much interest will she accrue if she holds the term deposit to maturity?
A woman has $500,000 invested in two rental properties. One yields an annual return of 10% on her investment, and the other returns 12% per year on her investment. Her total annual return from the...
A bank lent $237,000 to a company for the development of two products. If the loan for product A was for $69,000 more than that for product B, how much was lent for each product?
Identify the symmetries of the curves. Then sketch the curves in the xy-plane. r = 2 - 2 cos
A student takes an exam that consists of 10 multiple-choice questions. Each question has five possible answers. Suppose the student knows nothing about the subject and just guesses the answer on each...
The makers of two kinds of cola are having a contest in the local shopping mall. Assume that 60 % of the people in this region prefer brand A and 40 % prefer brand B. Ten local residents were...
An insurance company found that one of 5,000 50-year-old, nonsmoking males will suffer a heart attack in a given year. The company has 50,000 50-year-old, nonsmoking male policyholders. What is the...
There are 38 numbers in the game of roulette. They are 00, 0, 1, 2, . . ., 36. Each number has an equal chance of being selected. In the game, the winning number is found by a spin of the wheel. Say...
Billings Company is considering leasing a computer for the next 3 years. Two computers are available. The net present value of leasing each computer in the next 3 years, under different business...
As player salaries have increased, the cost of attending baseball games has increased dramatically. The following histogram visualizes the total cost (in $) for two tickets, two beers, two hot dogs,...
Complete the following acid-base reactions: (a) HCCH + NaH
Find the inverse of 1 1 2 C = 1 1 0 -1 -1 -2 3.5 -2 -2.5 -0.5 2 2.5 -2 1.5 -1.5 1 -1 -3 3.
In Problem use matrices A through F. In Problem, perform the indicated operations when possible. Does (AA T ) T = A T A? 1 2 1 1 A = 3 1 B = | 4 2 1 4 0 3 3 1 D=: 3 4 2 C = 1 5 1 E = 4 0. -1 3 F = 1...
Suppose the technology matrix for a closed model of a simple economy is given by matrix A. Find the gross productions of the industries. NP H 0.4 0.3 0.4 Profit A = 0.2 0.4 0.2 Nonprofit 0.4 0.3 0.4...
A one cubic foot sample of a borrow-source clay weighed 88 lbs. If the specific gravity of solids was measured as 2.70, and the clay was found to be 10 percent saturated, determine the water content...
Evaluate the use of novel catalytic systems, such as structured catalysts, catalytic distillation, and multifunctional catalysts, in achieving process intensification, discussing the effects on...
Find the minimum tractive effort required for vehicle to maintain 70mph speed at 5%upgrade through an air density of 0.002045 slug/ft^3. Show all steps and unit conversion please Problem 2:...

One safe investment pays 10% per year, and a riskier investment pays 18% per year. A woman

Question:

Step by Step Answer:

x amount of safe investment y amount of risky investment x y 145600 Total amount invested 01x 018y ...View the full answer

Mathematical Applications for the Management Life and Social Sciences

Students also viewed these Calculus questions