Two types of investment

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An individual wishes to invest $5000 over the next year in two types of investment: Investment A yields 5% and investment B yields 8%. Market research recommends an allocation of at least 25% in A and at most 50% in B. Moreover, investment in A should be at least half the investment in B. How should the fund be allocated to the two investments?

(Build the mathematical model and find the optimal solution.)

Reference no: EM131432730

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