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. A bank is attempting to determine where its assets should be allocated in order to maximize its annual return. At present, $750,000 is available

. A bank is attempting to determine where its assets should be allocated in

order to maximize its annual return. At present, $750,000 is available for

investment in three types of mutual funds: A, B, and C. The annual rate of return

on each type of fund is as follows: fund A, 15%; fund B, 12%; fund C; 13%. The

bank

's manager has placed the following restrictions on the bank's portfolio:

1. No more than 20% of the total amount invested may be in fund A

2. The amount invested in fund B cannot exceed the amount invested in fund C

Determine the optimal allocation that maximizes the bank's annual return.

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