Question: **ALL PLEASE HELP ME ANSWER THESE 2 QUESTIONS WITHIN 30 MINUTES PLEASE!!! Question 3 (70 points) Listen You have $12,000 to invest, and three different
**ALL PLEASE HELP ME ANSWER THESE 2 QUESTIONS WITHIN 30 MINUTES PLEASE!!!
Question 3 (70 points)
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- You have $12,000 to invest, and three different funds from which to choose. The municipal bond fund has a 7% return, the local bank's CDs have an 8% return, and the high-risk account has an expected (hoped-for) 12% return. To minimize risk, you decide not to invest any more than $2,000 in the high-risk account. For tax reasons, you need to invest at least three times as much in the municipal bonds as in the bank CDs. Assuming the year-end yields are as expected, what are the optimal investment amounts?
Question 3 options:
$7,500in municipal bonds,$2,500in CDs, and the remaining$2,000in the high-risk account. | |
$5000 in municipal bonds,$5000 in CDs, and the remaining$2,000in the high-risk account. | |
$8,500in municipal bonds,$1,500in CDs, and the remaining$2,000in the high-risk account. | |
$5,500in municipal bonds,$1,500in CDs, and the remaining$5,000in the high-risk account. |
Question 4 (70 points)
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There are two types of fertilizers F1 and F2. F1 consists of 10% nitrogen and 6% phosphoric acid and F2 consists of 5% nitrogen and 10% phosphoric acid. After testing the soil conditions, a farmer finds that she needs atleast 14 kg of nitrogen and 14 kg of phosphoric acid for her crop. If F1 costs $6/kg and F2 costs $5/kg, determine how much of each type of fertilizer should be used so that nutrient requirements are met at a minimum cost. What is the minimum cost?
Question 4 options:
110 kg of fertilizer F1 and 80 kg of fertilizer F2; Minimum cost = $1100 | |
100 kg of fertilizer F1 and 80 kg of fertilizer F2; Minimum cost = $1000 | |
130 kg of fertilizer F1 and 80 kg of fertilizer F2; Minimum cost = $1300 | |
120 kg of fertilizer F1 and 80 kg of fertilizer F2; Minimum cost = $1200 |
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