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 7%, and on B bonds 12%. The client wants to invest twice as much in AAA bonds as in B bonds. How much should be invested in each typw of bond if the total investment is $22000, and the investor wants an annual return of $1590 on the three investments. The client should invest $ in AAA bonds,$ in A bonds, and $ in B bonds.
Percentage
A percentage is a number indicated as a fraction of 100. It is a dimensionless number often expressed using the symbol %.
Algebraic Expressions
In mathematics, an algebraic expression consists of constant(s), variable(s), and mathematical operators. It is made up of terms.
Numbers
Numbers are some measures used for counting. They can be compared one with another to know its position in the number line and determine which one is greater or lesser than the other.
Subtraction
Before we begin to understand the subtraction of algebraic expressions, we need to list out a few things that form the basis of algebra.
Addition
Before we begin to understand the addition of algebraic expressions, we need to list out a few things that form the basis of algebra.
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