11
QuizMultiple Choice

Quadratic Functions and Equations in Financial Context — Quiz

Question 11 • Financial Math

An investor has $⁢30,000 to distribute between two investments. The risk function is R⁡(x)=0.035⁢x^2−0.022⁢x+0.011 , where x is the portion invested in the first option. How much should the investor put into the second option to minimize risk? Round to the nearest hundredth if necessary.

Answer
A
9 dollars comma 420
B
6 dollars comma 150
C
23 dollars comma 850
D
20 dollars comma 580
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