ADVANCED MATH (Please "write" the solutions leigibly and correctly. No long explanation needed. Rate will be given) John Smith works for an investment company and is currently negotiating with three potential investors. The company offers two types of investment instrument available for new investors. Instrument alpha pays 10% anually. Instrument beta, on the other hand, pays 20% anually. Investors are allowed to divide their investments between these instruments such that a desired range ot total return between 10% to 20% is acheved. Suppose that the total investment that the total investment of investor 1, investor 2, and investor 3, is Php20,000, Php50,000 and Php10,000, respectively. How much should each investor put money into each instrument? Investor 1: Instrument alpha = Php                       ? Instrument beta = Php                         ?   Investor 2: Instrument alpha = Php25,000 Instrument beta = Php25,000   Investor 3: Instrument alpha = Php                          ? Instrument beta = Php                            ?

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter5: Systems Of Equations And Inequalities
Section5.2: Systems Of Linear Equations In Several Variables
Problem 40E
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ADVANCED MATH (Please "write" the solutions leigibly and correctly. No long explanation needed. Rate will be given)

John Smith works for an investment company and is currently negotiating with three potential investors. The company offers two types of investment instrument available for new investors. Instrument alpha pays 10% anually. Instrument beta, on the other hand, pays 20% anually. Investors are allowed to divide their investments between these instruments such that a desired range ot total return between 10% to 20% is acheved. Suppose that the total investment that the total investment of investor 1, investor 2, and investor 3, is Php20,000, Php50,000 and Php10,000, respectively. How much should each investor put money into each instrument?

Investor 1:

Instrument alpha = Php                       ?

Instrument beta = Php                         ?

 

Investor 2:

Instrument alpha = Php25,000

Instrument beta = Php25,000

 

Investor 3:

Instrument alpha = Php                          ?

Instrument beta = Php                            ?

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Hi please verify these answers with proper computation. No long explanation. 

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