Mathematics, 02.04.2021 22:00, nickthequick

An investment firm recommends that a client invest in bonds rated AAA, A, and B. The average yield on AAA bonds is %5, on A bonds %6, and on B bonds %9. The client wants to invest twice as much in AAA bonds as in B bonds. How much should be invested in each type of bond if the total investment is $9,000, and the investor wants an annual return of $560 on the three investments.

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An investment firm recommends that a client invest in bonds rated AAA, A, and B. The average yield...