document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1148054>Question 1148054</A>: <I><SPAN STYLE=\"word-break: break-all;\"> An investor has up to N$450,000 to invest in three types of investments. Type A pays 6% annually and has a risk factor of 0. Type B pays 10% annually and has a risk factor of 0.06. Type C pays 12% annually and has a risk factor of 0.08. To have a well-balanced portfolio, the investor imposes the following conditions. The average risk factor should be no greater than 0.05. Moreover, at least one-half of the total portfolio is to be allocated to Type A investments and at least one-fourth of the portfolio is to be allocated to Type B investments. How much should be allocated to each type of investment to obtain a maximum return? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #769461 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52803)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ikleyn><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=ikleyn><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=769461\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .\r<BR>\n" );
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document.write( "This problem is for 3 independent variables (and can not be reduced to 2 variables), \r<BR>\n" );
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document.write( "so it is significantly above the typical high School level.\r<BR>\n" );
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document.write( "If you learn Linear Programming method at the College or University, then your educational institution should provide you \r<BR>\n" );
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document.write( "with an appropriate software / solver.\r<BR>\n" );
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document.write( "Use it . . . \r<BR>\n" );
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