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May 26, 2015

Homework Help: College math HELP!!!!!

Posted by Dee on Saturday, February 22, 2014 at 7:07pm.

A financier plans to invest up to $450,000 in two projects. Project A yields a return of 10% on the investment, whereas Project B yields a return of 15% on the investment. Because the investment in Project B is riskier than the investment in Project 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?
Project A ______ $
Project B ______ $

What is the maximum return?
$ _______

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