Multiple Choice
Mr. and Mrs. Garcia have a total of $200,000 to be invested in stocks, bonds, and a money market account. The stocks have a rate of return of 11%/year, while the bonds and the money market account pay 9% and 3%/year, respectively. They have stipulated that the amount invested in stocks should be equal to the sum of the amount invested in bonds and 7 times the amount invested in the money market account. How should the Garcias allocate their resources if they require an annual income of $20,000 from their investments?
A) Investment in stocks: , investment in bonds:
,
Investment in money market account: .
B) Investment in stocks: , investment in bonds:
,
Investment in money market account: .
C) Investment in stocks: , investment in bonds:
,
Investment in money market account: t.
D) Investment in stocks: , investment in bonds:
,
Investment in money market account: t.
E) The problem has no solution.
Correct Answer:

Verified
Correct Answer:
Verified
Q262: Write the system of equations corresponding to
Q263: Perform the subtraction. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6027/.jpg" alt="Perform the
Q264: Solve for u, x, y, and z
Q265: Solve the system of linear equations, using
Q266: The accompanying figure shows the flow of
Q268: Find a<sub>14</sub>, a<sub>21</sub>, a<sub>31</sub> and a<sub>43</sub>.<br>A) <img
Q269: Determine whether the system of linear equations
Q270: Find the inverse of the given matrix,
Q271: Find the inverse of the matrix, if
Q272: Solve the system of linear equations using