194k views
0 votes
An investor has $100,000 to invest in three types of bonds: short-term, intermediate-term, and long-term.How much should she invest in each type to satisfy the given conditions? ​ Short-term bonds pay 4% annually, intermediate-term bonds pay 5%, and long-term bonds pay 6%. The investor wishes to realize a total annual income of 5.1%, with equal amounts invested in short- and intermediate-term bonds.

1 Answer

2 votes

Explanation:

4/100*100000+5/100*100000+5.1/100*100000=14100

User Rpecka
by
7.2k points