An individual wishes to invest $5000 over the next year in two types of investment: Investment A

Question:

An individual wishes to invest $5000 over the next year in two types of investment: Investment A yields 5% and investment B yields 8%. Market research recommends an allocation of at least 25% in A and at most 50% in B. Moreover, investment in A should be at least half the investment in B. How should the fund be allocated to the two investments?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: