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You Invest in AAA-Rated Bonds, A-Rated Bonds, and B-Rated Bonds

Question 37

Multiple Choice

You invest in AAA-rated bonds, A-rated bonds, and B-rated bonds.Your average yield is 6% on AAA bonds, 9% on A bonds, and 9% on B bonds.You invest twice as much in B bonds as in A bonds.The desired system of linear equations (where You invest in AAA-rated bonds, A-rated bonds, and B-rated bonds.Your average yield is 6% on AAA bonds, 9% on A bonds, and 9% on B bonds.You invest twice as much in B bonds as in A bonds.The desired system of linear equations (where and represent the amounts invested in AAA, A, and B bonds, respectively) is as follows. Use the inverse of the coefficient matrix of this system to find the amount invested in A bonds for the given a total investment of $45,000 and annual return of $3780. A) $12,000 B) $24,000 C) $10,000 D) $1000 E) $6000 You invest in AAA-rated bonds, A-rated bonds, and B-rated bonds.Your average yield is 6% on AAA bonds, 9% on A bonds, and 9% on B bonds.You invest twice as much in B bonds as in A bonds.The desired system of linear equations (where and represent the amounts invested in AAA, A, and B bonds, respectively) is as follows. Use the inverse of the coefficient matrix of this system to find the amount invested in A bonds for the given a total investment of $45,000 and annual return of $3780. A) $12,000 B) $24,000 C) $10,000 D) $1000 E) $6000 and You invest in AAA-rated bonds, A-rated bonds, and B-rated bonds.Your average yield is 6% on AAA bonds, 9% on A bonds, and 9% on B bonds.You invest twice as much in B bonds as in A bonds.The desired system of linear equations (where and represent the amounts invested in AAA, A, and B bonds, respectively) is as follows. Use the inverse of the coefficient matrix of this system to find the amount invested in A bonds for the given a total investment of $45,000 and annual return of $3780. A) $12,000 B) $24,000 C) $10,000 D) $1000 E) $6000 represent the amounts invested in AAA, A, and B bonds, respectively) is as follows. You invest in AAA-rated bonds, A-rated bonds, and B-rated bonds.Your average yield is 6% on AAA bonds, 9% on A bonds, and 9% on B bonds.You invest twice as much in B bonds as in A bonds.The desired system of linear equations (where and represent the amounts invested in AAA, A, and B bonds, respectively) is as follows. Use the inverse of the coefficient matrix of this system to find the amount invested in A bonds for the given a total investment of $45,000 and annual return of $3780. A) $12,000 B) $24,000 C) $10,000 D) $1000 E) $6000 Use the inverse of the coefficient matrix of this system to find the amount invested in A bonds for the given a total investment of $45,000 and annual return of $3780.


A) $12,000
B) $24,000
C) $10,000
D) $1000
E) $6000

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