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1. (Use calculator to solve the system by using the inverse of the coefficient matrix.) An investment adviser has two mutual funds that she recommending;
1. (Use calculator to solve the system by using the inverse of the coefficient matrix.) An investment adviser has two mutual funds that she recommending; fund A with an assumed return of 8% a year and a fund B with a projected return of 13% a year. One client has $200,000 to invest and wishes a return of 9% a year, and a second client has $80,000 to invest and wants a 10% annual return. How should she allocate the money of each client between the fund A and fund B?
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