Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Management Expert

Make your assumptions clear and show all work.

A retired contractor has $120,000 to spend in two investment funds. Fund 1 is relatively safe investment with the annual return of 9% and Fund 2 is more risky with the annual return of 13%. Her goals are to spend all her funds and to earn $12,000 in annual income. You should find out how much must she invest in each fund to accomplish her goals.

a.) Point out below the equations you should use to work this problem, and describe what each equation tells you in full sentences.

b.) Solve the problem for investment amounts.

c.) Then make sure you check that your solution achieves her goals.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M914183

Have any Question? 


Related Questions in Business Management

Consider the following accident scenarioa maintenance

Consider the following accident scenario: A maintenance worker mopped the floor in a hallway and then left the area without posting a "wet floor" warning. The lighting in the hallway had been lowered to conserve energy, ...

Keep in mind that the purpose of this final assessment is

Keep in mind that the purpose of this final assessment is for you to demonstrate your knowledge of the strategic and administrative function of Human Resources. While the business side of the situation is the foundation, ...

Describe the kinds of problems that usually come up during

Describe the kinds of problems that usually come up during international business negotiations. What kind of research can you do in anticipation of an upcoming international price negotiation?

Assignment 1 discussion-integration of technologytechnology

Assignment 1: Discussion-Integration of Technology Technology has changed the way we conduct business on a daily basis. A number of organizations have opted for integrating systems and sharing information with their coun ...

Twenty years ago the idea of e-commerce was largely

Twenty years ago, the idea of e-commerce was largely theoretical. Ten years ago, social networking and cloud computing were in their infancy. Today, we cannot imagine the Internet without these things. Are there trends i ...

This is a message board questioncity police department

This is a message board question City Police Department instituted a health risk assessment program because it was concerned that all of its employees be physically fit and because its health insurance company indicated ...

Assume that the consumption schedule for a private open

Assume that the consumption schedule for a private open economy is such that consumption C = 20 + 0.80Y. Assume further that planned investment Ig and net exports Xn are independent of the level of real GDP and constant ...

Sustainable performance phase - discussionin step 3 of the

Sustainable Performance Phase - Discussion In step 3 of the Sustainable Performance phase, balanced score card (BSC) is discussed as one way of embedding ongoing performance measurement into management. BSC is used quite ...

1 explain an ad hoc committee task force and project team

1. Explain an ad hoc committee, task force and project team. Identify a situation from current events that you believe would warrant the use of these kinds of teams. Explain the situation and why such a team would be a g ...

Name three globalization trends and explain why a corporate

Name three Globalization trends and explain why a corporate decision-maker may need to be aware of these trends when making ethical strategy decisions.

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen