Word Problem

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I have a headache can someone please help?

Angeles, has $15,000 to invest. Her goal was to obtain an overall annual rate of return of $1,350. Himamalini, her financial advisor, recommended that she invest part of the $15,000 into corporate bonds at 12% and the rest into a government- backed tresury bonds, paying 4%. We want to find out how much Angeles should put into each investment in order to achieve the total annual return of $1,350; by doning the following.

a) write algebraic expressions for the amounts in each investment, using only one completely defined variable then draw a table and fill it up with infor from the question.
 
Magical_Star said:
I have a headache can someone please help?

Angeles, has $15,000 to invest. Her goal was to obtain an overall annual rate of return of $1,350. Himamalini, her financial advisor, recommended that she invest part of the $15,000 into corporate bonds at 12% and the rest into a government- backed tresury bonds, paying 4%. We want to find out how much Angeles should put into each investment in order to achieve the total annual return of $1,350; by doning the following.

a) write algebraic expressions for the amounts in each investment, using only one completely defined variable then draw a table and fill it up with infor from the question.
Click to expand...

Assume she invests in:

treasury bonds = T
corporate bonds = C = 15000 - T

Then annual return:

1350 = 0.04 * T + 0.12*(15000 -T)

Now solve for 'T' and solve for 'C'.

Please show us your work, indicating exactly where you are stuck - so that we know where to begin to help you.
 
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