Business, 05.05.2020 17:11 leethiel1

A financier plans to invest up to $600,000 in two projects. Project A yields a return of 9% on the investment x dollars, whereas project B yields a return of 16% on the investment of y dollars. Because investment B is riskier than investment A, the financier has decided that the investment in Project B should not exceed 40% of the total investment. How much should she invest in each project to maximize the return on her investment P in dollars, and what amount is available for investment?

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A financier plans to invest up to $600,000 in two projects. Project A yields a return of 9% on the i...

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