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Determine the investment for maximum yield

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Reference no: EM13888972

A total amount of $18,000 is available for investment. The five investment options are available with the following breakup.

Investment

Investment

Net present value of yield

1

$5,000

$12,000

2

$6,000

$15,000

3

$4,000

$10,000

4

$8,000

$20,000

5

$3,000

$ 9,000

Determine the investment for maximum yield.

Reference no: EM13888972

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