An investment firm recommends that a client invest in bonds rated AAA, A, and B. The average yield on AAA bonds is 5%, on A bonds 6%, and on B bonds 9%. The client wants to invest twice as much in AAA bonds as in B bonds. How much should be invested in each type of bond under the following conditions?

A. The total investment is $19,000, and the investor wants an annual return of $1,180 on the three investments.

B. The values in part A are changed to $33,000 and $2,060, respectively.

Answer:

The client should invest $______________ in AAAbonds, $____________ in Abonds, and $___________ in B bonds.