Question: Ashley has earmarked at most ( $ 9 5 0 , 0 0 0 ) for investment in three mutual funds: a
Ashley has earmarked at most $ for investment in three mutual funds: a money market fund, an international equity fund, and a growthandincome fund. The money market fund has a rate of return of year, the international equity fund has a rate of return of year, and the growthandincome fund has a rate of return of year. Ashley has stipulated that no more than of her total portfolio should be in the growthandincome fund and that no more than of her total portfolio should be in the international equity fund. To maximize the return on her investment, how much should Ashley invest in each type of fund?
money market fund $
international equity fund $
growthandincome fund $
What is the maximum return?
$
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