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A Trust Account Manager Has $220,000 to Be Invested

Question 24

Multiple Choice

A trust account manager has $220,000 to be invested. The investment choices have current yields of 8%, 7%, and 10%. Suppose that the investment goal is to earn interest of $16,300, and risk factors make it prudent to invest some money in all three investments. Let x denote the amount invested at 8 %, y denote the amount invested at 7%, and z denote the amount invested at 10%. Find a general description for the amounts invested at the three rates. ​


A) A trust account manager has $220,000 to be invested. The investment choices have current yields of 8%, 7%, and 10%. Suppose that the investment goal is to earn interest of $16,300, and risk factors make it prudent to invest some money in all three investments. Let x denote the amount invested at 8 %, y denote the amount invested at 7%, and z denote the amount invested at 10%. Find a general description for the amounts invested at the three rates. ​ A) , with B) , with C) , with D) , with E) , with , A trust account manager has $220,000 to be invested. The investment choices have current yields of 8%, 7%, and 10%. Suppose that the investment goal is to earn interest of $16,300, and risk factors make it prudent to invest some money in all three investments. Let x denote the amount invested at 8 %, y denote the amount invested at 7%, and z denote the amount invested at 10%. Find a general description for the amounts invested at the three rates. ​ A) , with B) , with C) , with D) , with E) , with with A trust account manager has $220,000 to be invested. The investment choices have current yields of 8%, 7%, and 10%. Suppose that the investment goal is to earn interest of $16,300, and risk factors make it prudent to invest some money in all three investments. Let x denote the amount invested at 8 %, y denote the amount invested at 7%, and z denote the amount invested at 10%. Find a general description for the amounts invested at the three rates. ​ A) , with B) , with C) , with D) , with E) , with
B) A trust account manager has $220,000 to be invested. The investment choices have current yields of 8%, 7%, and 10%. Suppose that the investment goal is to earn interest of $16,300, and risk factors make it prudent to invest some money in all three investments. Let x denote the amount invested at 8 %, y denote the amount invested at 7%, and z denote the amount invested at 10%. Find a general description for the amounts invested at the three rates. ​ A) , with B) , with C) , with D) , with E) , with , A trust account manager has $220,000 to be invested. The investment choices have current yields of 8%, 7%, and 10%. Suppose that the investment goal is to earn interest of $16,300, and risk factors make it prudent to invest some money in all three investments. Let x denote the amount invested at 8 %, y denote the amount invested at 7%, and z denote the amount invested at 10%. Find a general description for the amounts invested at the three rates. ​ A) , with B) , with C) , with D) , with E) , with with A trust account manager has $220,000 to be invested. The investment choices have current yields of 8%, 7%, and 10%. Suppose that the investment goal is to earn interest of $16,300, and risk factors make it prudent to invest some money in all three investments. Let x denote the amount invested at 8 %, y denote the amount invested at 7%, and z denote the amount invested at 10%. Find a general description for the amounts invested at the three rates. ​ A) , with B) , with C) , with D) , with E) , with
C) A trust account manager has $220,000 to be invested. The investment choices have current yields of 8%, 7%, and 10%. Suppose that the investment goal is to earn interest of $16,300, and risk factors make it prudent to invest some money in all three investments. Let x denote the amount invested at 8 %, y denote the amount invested at 7%, and z denote the amount invested at 10%. Find a general description for the amounts invested at the three rates. ​ A) , with B) , with C) , with D) , with E) , with , A trust account manager has $220,000 to be invested. The investment choices have current yields of 8%, 7%, and 10%. Suppose that the investment goal is to earn interest of $16,300, and risk factors make it prudent to invest some money in all three investments. Let x denote the amount invested at 8 %, y denote the amount invested at 7%, and z denote the amount invested at 10%. Find a general description for the amounts invested at the three rates. ​ A) , with B) , with C) , with D) , with E) , with with A trust account manager has $220,000 to be invested. The investment choices have current yields of 8%, 7%, and 10%. Suppose that the investment goal is to earn interest of $16,300, and risk factors make it prudent to invest some money in all three investments. Let x denote the amount invested at 8 %, y denote the amount invested at 7%, and z denote the amount invested at 10%. Find a general description for the amounts invested at the three rates. ​ A) , with B) , with C) , with D) , with E) , with
D) A trust account manager has $220,000 to be invested. The investment choices have current yields of 8%, 7%, and 10%. Suppose that the investment goal is to earn interest of $16,300, and risk factors make it prudent to invest some money in all three investments. Let x denote the amount invested at 8 %, y denote the amount invested at 7%, and z denote the amount invested at 10%. Find a general description for the amounts invested at the three rates. ​ A) , with B) , with C) , with D) , with E) , with , A trust account manager has $220,000 to be invested. The investment choices have current yields of 8%, 7%, and 10%. Suppose that the investment goal is to earn interest of $16,300, and risk factors make it prudent to invest some money in all three investments. Let x denote the amount invested at 8 %, y denote the amount invested at 7%, and z denote the amount invested at 10%. Find a general description for the amounts invested at the three rates. ​ A) , with B) , with C) , with D) , with E) , with with A trust account manager has $220,000 to be invested. The investment choices have current yields of 8%, 7%, and 10%. Suppose that the investment goal is to earn interest of $16,300, and risk factors make it prudent to invest some money in all three investments. Let x denote the amount invested at 8 %, y denote the amount invested at 7%, and z denote the amount invested at 10%. Find a general description for the amounts invested at the three rates. ​ A) , with B) , with C) , with D) , with E) , with
E) A trust account manager has $220,000 to be invested. The investment choices have current yields of 8%, 7%, and 10%. Suppose that the investment goal is to earn interest of $16,300, and risk factors make it prudent to invest some money in all three investments. Let x denote the amount invested at 8 %, y denote the amount invested at 7%, and z denote the amount invested at 10%. Find a general description for the amounts invested at the three rates. ​ A) , with B) , with C) , with D) , with E) , with , A trust account manager has $220,000 to be invested. The investment choices have current yields of 8%, 7%, and 10%. Suppose that the investment goal is to earn interest of $16,300, and risk factors make it prudent to invest some money in all three investments. Let x denote the amount invested at 8 %, y denote the amount invested at 7%, and z denote the amount invested at 10%. Find a general description for the amounts invested at the three rates. ​ A) , with B) , with C) , with D) , with E) , with with A trust account manager has $220,000 to be invested. The investment choices have current yields of 8%, 7%, and 10%. Suppose that the investment goal is to earn interest of $16,300, and risk factors make it prudent to invest some money in all three investments. Let x denote the amount invested at 8 %, y denote the amount invested at 7%, and z denote the amount invested at 10%. Find a general description for the amounts invested at the three rates. ​ A) , with B) , with C) , with D) , with E) , with

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