MCK wants to invest his savings to crypto currency that would generate an annual yield of at least $10, 000 to stop losing monetary value because of hyper inflation. Two crypto currencies are...


MCK wants to invest his savings to crypto currency that would generate an annual yield of at least $10, 000 to stop losing monetary value because of hyper<br>inflation. Two crypto currencies are available are ETH and DOGE, with average annual yields of 10% and 25%, respectively. Though DOGE provide higher<br>yield, they are more risky, and MCK wants to limit the amount invested in these cryptos to no more than 60% of the total investment. What is the minimum<br>amount MCK should invest in each crypto to accomplish the investment goal? (Answers are x1000)<br>A.<br>z=52.63, ETH= 21.05, DOGE=31.58<br>z=75.82, ETH= 36.11, DOGE=39.71<br>C<br>z=45.34, ETH= 16.83, DOGE=28.51<br>z=69.31, ETH= 34.65, DOGE=34.66<br>E<br>z=60.53, ETH= 24.42, DOGE=36.11<br>

Extracted text: MCK wants to invest his savings to crypto currency that would generate an annual yield of at least $10, 000 to stop losing monetary value because of hyper inflation. Two crypto currencies are available are ETH and DOGE, with average annual yields of 10% and 25%, respectively. Though DOGE provide higher yield, they are more risky, and MCK wants to limit the amount invested in these cryptos to no more than 60% of the total investment. What is the minimum amount MCK should invest in each crypto to accomplish the investment goal? (Answers are x1000) A. z=52.63, ETH= 21.05, DOGE=31.58 z=75.82, ETH= 36.11, DOGE=39.71 C z=45.34, ETH= 16.83, DOGE=28.51 z=69.31, ETH= 34.65, DOGE=34.66 E z=60.53, ETH= 24.42, DOGE=36.11

Jun 08, 2022
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