you have total portfolio $500,000 that is to be invested in certificates of deposit that pay simple annual interest of 2.5%, municipal bonds that pay simple annual interest of 10%, blue chip stocks that you expect to return 12% annually, cryptocurrency that you expected to return 18% annually. You want a combined annual return of 10% annually and you want one quarter of them invested in stocks and crypto. How much should be put in each type of investment

you have total portfolio $500,000 that is to be invested in certificates of deposit that pay simple annual interest of 2.5%, municipal bonds that pay simple annual interest of 10%, blue chip stocks that you expect to return 12% annually, cryptocurrency that you expected to return 18% annually. You want a combined annual return of 10% annually and you want one quarter of them invested in stocks and crypto. How much should be put in each type of investment

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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