Question
A financier plans to invest up to $2 million in three projects. She estimates
that Project A will yield a return of 10% on her investment, Project B will yield a return of 15% on her
investment, and Project C will yield a 20% return on her investment. Because of the risks associated with
the investments, she decided to put not more than 20% of her total investment in Project C. She also decided
that her investments in Projects B and C should not exceed 60% of her total investment. Finally, she decided
that her investment in Project A should be at least 60% of her investments in Projects B and C. How much
should the financier invest in each project if she wishes to maximize the total returns on her investments? set up but do not solve!
that Project A will yield a return of 10% on her investment, Project B will yield a return of 15% on her
investment, and Project C will yield a 20% return on her investment. Because of the risks associated with
the investments, she decided to put not more than 20% of her total investment in Project C. She also decided
that her investments in Projects B and C should not exceed 60% of her total investment. Finally, she decided
that her investment in Project A should be at least 60% of her investments in Projects B and C. How much
should the financier invest in each project if she wishes to maximize the total returns on her investments? set up but do not solve!