I can\'t get the answer for =.09(300000) The msna ement of a private innetmerg c

Question

I can't get the answer for =.09(300000)

The msna ement of a private innetmerg cub has ? un 5300.00 dar marked fer mve mert in stocks. To arrive at an acce rable weat i vee of r , the stocks thot mana ement ?5 consi ering have been classified into thre. cate nm: hi hruk medum ri , and low rtik Nar a " nentertimal K that high-risk stoks wil have ate o re urno 1 7wWyear; mnium risk gtocky, 9%/reor-9nd lois r k stocks. 69 year. Theinwestment in in risk stocks is to bet' o the m ? ehe invectrnents stocka of thg DCher two categories tr the investment go-ts to hav" an averaqe rate of rebarn of % regr 0.the calir e nost detertin. how much the dch thould im ret in aach type at etres. A urne that all the m nay avalable far irwetmart h mynted Lt r y, and, dreta the armur n deltar invested in high-, medium, and lem rok stDcks, respecti Need Halp?m

Explanation / Answer

Let x be amount invested in high risk stocks

Let y be amount invested in medium risk stocks

Let z be amount invested in low risk stocks

Total amount invested must be 300,000

x + y + z = 300,000

The amount invested in low stock must be twice the sum of medium and high stocks

2(x+y) <= z

If we are investing x on high risk stocks, then the profit earned will be 17% of x = 17/100 * x = 0.17x

If we are investing y on medium risk stocks, then the profit earned will be 9% of y = 9/100 * y = 0.09y

If we are investing z on low risk stocks, then the profit earned will be 6% of z = 6/100 * z = 0.06z

Hence profit will equation will be

0.17x + 0.09y + 0.06z <= 0.09(300,000)

Related Questions

Navigate

• Browse (All)
• Browse I
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.