Refer to the previous question. Suppose the investments available to the Merrits have the following levels of risk associated with them.

If the Merrits want the weighted average risk level of their investments to not exceed 4, how much money will they need to set aside for Lisa’s education and how should they invest it?
a. Formulate an LP model for this problem.
b. Create a spreadsheet model for this problem and solve it using Solver.
c. What is the optimalsolution?

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Investment Risk Factor 8