Mark has $100,000 to invest. His financial consultant advises him to diversify his investment in three types of bonds: short-term, intermediate-term, and long-term. The short-term bonds pay 3%, the intermediate-term bonds pay 4%, and the long-term bonds pay 6% simple interest per year. Mark wishes to realize a total annual income of 4.5%, with equal amounts invested in short- and intermediate-termbonds. How much should he invest in each type of bond?short-term$intermediate-term $long-term$ The Juice Company offers three kinds of smoothies: Midnight Mango, Tropical Torrent, and Pineapple Power. Each smoothie contains the amounts of juices shown in the table. On a particular day the Juice Company used 900 oz of mango juice, 810 oz of pineapple juice, and 530 oz of orange juice. How many smoothies of each kind were sold that day?Orangejuice (oz)Midnight MangoTropical TorrentPineapple PowerSmoothieMidnight MangoTropical TorrentPineapple PowerMangojuice (oz)smoothiessmoothiessmoothies862Pineapplejuice (oz)358334

Answered: Image /qna-images/answer/52ebc322-dc0e-4757-9be0-e00164401755.jpg

Answered: Mark has $100,000 to invest. His…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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For investments between $100,000 and $249,999.99 and terms between 180 and 269 days, Royal Bank pays 1.00% on a non- redeemable GIC and 0.75% on a redeemable GIC. Julienne has $185,000 to invest for 195 days and is certain that she will not need earlier access to her money. How much more will she earn if she chooses the non-redeemable option instead of the redeemable?
XYZ company is looking for a 4-months term source of $800,000 to supplement working capital. Which source below should the company choose? The bank A accepts loans at annual nominal rate of interest of 15% a year. The bank B accepts loans at discount interest rate of 14% a year. The bank C accepts a loan with interest rate of 10% per year and deposits rate at 12%
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