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1. An individual wishes to invest PhP 50,000 over the next year in two types of investment: Investment A yields 5%, and
Posted: Tue Jul 05, 2022 11:24 am
by answerhappygod
- 1 An Individual Wishes To Invest Php 50 000 Over The Next Year In Two Types Of Investment Investment A Yields 5 And 1 (17.5 KiB) Viewed 11 times
1. An individual wishes to invest PhP 50,000 over the next year in two types of investment: Investment A yields 5%, and investment B yields 8%. Market research recommends an allocation of at least 25% of the actual total investment in A and at most 50% of the actual total investment in B. Moreover, investment in A should be at least half the investment in B. How should the fund be allocated to the two investments?