An individual wishes to invest rs. 5,000 over the next year in two types of investment: investment
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An individual wishes to invest rs. 5,000 over the next year in two types of investment: investment a yields 15% and investment b yields 8%. market research recommends an allocation of at least 45% in a and 60% in b. moreover, investments in a should be at least half the investment in b. how should the fund be allocated to the two investments?
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