subject
Mathematics, 29.11.2019 02:31 kingbolt1

An investor has $80,000 to invest in a cd and a mutual fund. the cd yields 8% and the mutual fund yields 6%. the mutual fund requires a minimum investment of $9,000, and the investor requires that at least twice as much should be invested in cds as in the mutual fund. how much should be invested in cds and how much in the mutual fund to maximize the return? what is the maximum return?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 15:00
Given the choice between receiving $1.000.000 in one month or a single penny-doubled everyday for the period of one month; which option would you choice? show your work to support your answer. (assume that 1 month=30 days)
Answers: 1
question
Mathematics, 21.06.2019 17:30
40 describe the outliers from the scatter plot.
Answers: 1
question
Mathematics, 21.06.2019 18:00
How to do this , and can some one explain
Answers: 1
question
Mathematics, 21.06.2019 20:40
What are the values of each variable in the diagram below?
Answers: 2
You know the right answer?
An investor has $80,000 to invest in a cd and a mutual fund. the cd yields 8% and the mutual fund yi...
Questions
question
English, 06.11.2019 21:31
question
Mathematics, 06.11.2019 21:31
question
Mathematics, 06.11.2019 21:31
question
Social Studies, 06.11.2019 21:31
question
Health, 06.11.2019 21:31
Questions on the website: 13722363