document.write( "Question 1166624: A financial consultant wishes to invest up to a total of $30,000 in two types of securities, one that yields 10% per year and the other yields 8% per year. Furthermore, she believes that the amount invested in the first security should be at most one-third of the amount invested in the second security. What investment program should the consultant pursue in order to maximize income?
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Algebra.Com's Answer #791135 by ikleyn(52781) $\"\"$ $\"About$

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document.write( "Even without any calculations, based on the common sense ONLY, it is clear that the most winning strategy\r\n" );
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document.write( "under given conditions is the most aggressive possible investment.\r\n" );
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document.write( "It is to invest 1/4 of the total to the high percent investment and 3/4 of the total to the low percent investment.\r\n" );
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document.write( "So, $7500  go at the 10% investment and  $22500 go at the 8% investment, giving total interest of\r\n" );
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document.write( "    0.1*7500 + 0.08*22500 = 2550  dollars.    ANSWER\r\n" );
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