Post a New Question

College math HELP!!!!!

posted by on .

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?
$ _______

  • College math HELP!!!!! - ,

    0.6 * 450,000 = 270,000 > A

    270,000 * 0.1 = 27,000 return

  • College math HELP!!!!! - ,

    how did you get 0.6?

  • College math HELP!!!!! - ,

    nevermind, i figured it out. thank you!

  • College math HELP!!!!! - ,

    You're welcome.

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question