Mathematics

Mathematics, 24.08.2019 10:20, narwalmaster2001

An investor has $12,000 to invest into two different funds. fund a, which is a high risk fund, yields an average return of 14%. fund b, which is a low risk fund, yields an average return of 6%. to reduce the risk, the investor wants the amount in fund b to be at least twice the amount in fund a. how much should be invested in each fund to maximize the return?

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