dragonspace1720
Answered



Don has $12,000 to invest in AAA and bonds.

AAA bonds pay 6%. B bonds pay 9%. He wants to

invest at least twice as much in AAA bonds as in B

bonds. How much shall he invest in each type to

maximize his return? What is his return?

Verified Answer :

taynoon2503

AAA he will invest $8,000 and B bonds he will invest $4,000.
In return AAA will give him $480 and B bonds will give him $360.

Related Questions