Question

Can someone help)

Answer 1

What

Answer 2

A person has 40,000 to invest. As the persons financial consultant, you recommend that the money be invested in treasury bill that’s yield 4%, treasury bonds that yield 8%, and corporate bonds that yield 12%, the person wants to have an annual income of $3120, and the amount invested in corporate bonds must be half the invested in treasury bills. Find the amount in each investment.

Answer 3

What is the solution

Answer 4

That's hard umm

Answer 5

It's not as hard as you think it's just systems of equations.