1.

A trust fund has Rs. 30,000 that must be invested in two different types of bonds. The first bond pays 5% interest per year, and the second bond pays 7% interest per year. Using matrix multiplication, determine how to divide Rs. 30,000 among the two types of bonds. If the trust fund must obtain an annual total interest of: (a) Rs. 1800 (b) Rs. 2000

Answer»


ANSWER :(a) Rs. 15000, Rs. 15000 (B) Rs. 5000, Rs. 25000


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