As her financial planner, you recommend that Kelly diversify into three investments: Treasury Bills that yield 5% simple interest, Treasury Bonds that yield 7% simple interest, and corporate bonds that yield 10% simple interest. Kelly wishes to earn $1,390 per year in income. Also, Kelly wants her investment in Treasury Bills to be $3000 more than her investment in corporate bonds. Kelly has a total of $20,000 available for investment. How much money should Kelly place in each investment? @amistre64

Question

As her financial planner, you recommend that Kelly diversify into three investments: Treasury Bills that yield 5% simple interest, Treasury Bonds that yield 7% simple interest, and corporate bonds that yield 10% simple interest. Kelly wishes to earn $1,390 per year in income. Also, Kelly wants her investment in Treasury Bills to be $3000 more than her investment in corporate bonds. Kelly has a total of $20,000 available for investment. How much money should Kelly place in each investment?  @amistre64

anonymous · Answer

i jux need the equation please.if you can help me

cruffo · Answer

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