Answer:
Profit = $ 49,600.
Explanation:
Given data:
Total investment $400,000
First, A + B = $400,000, since total money to invest $400,000.
from data given we have
Secondly, your revenue equation would be 1.1x + 1.15y = R
Since you earn the most from the B investment, use the max of 35% of 400,000 for y:
35% of 400,000 = 140,000 = y ;
400,000 - 140,000 = 260,000 = x
from revenue equation we have
1.11(260,000) + 1.15(140,000) = 449,600 = R
Profit = revenue - investment = 449,600 - 400,000 = 49,600.
