Question: How can I find the maximumreturn? and How much should be invested in CDs and how much in the mutual fund to maximize thereturn? An

How can I find the maximumreturn? and How much should be invested in CDs and how much in the mutual fund to maximize thereturn?

An investor has $70,000 to invest in a CD and a mutual fund. The CD yields 6% and the mutual fund yields 9%. The mutual fund requires a minimum investment of $ 8,000, and the investor requires that at least twice as much should be invested in CDs as in the mutual fund.

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