21
QuizMultiple Choice

Quadratic Functions and Equations in Financial Context — Quiz

Question 21 • Financial Math

An investor has $⁢190,000 to distribute between two investments. The risk function is R⁡(x)=0.035⁢x^2−0.062⁢x+0.031 If x is the portion invested in the first option, how much should the investor put into the second investment to minimize risk? Round to the nearest hundredth if necessary.

Answer
A
168 dollars comma 340
B
136 dollars comma 420
C
53 dollars comma 580
D
21 dollars comma 660
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