Saturday, August 13, 2011

Any 1 know how to do this hard math problems?

Kelly has 20000 to invest. As her financial planner, you recommended that she diversify into three investments: Treasurybills that yield 5 % simple interest, Treasury bonds that yield 7 % simple interest, and corporate bonds that yield 10 % simple interest. Kelly wants her investment in corporate bonds. How much money should Kelly place in each investments?

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