A investor has 20000 to invest he has two investment


An investor has $20,000 to invest. He has two investment opportunities; one relatively low risk with 3 % return, and another relatively high risk with 5 % return. Use matrix formulation and determine the amount he should invest at each rate in order to generate $850 annual interest.

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Microeconomics: A investor has 20000 to invest he has two investment
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