Question

Amigo Mobility, which manufactures battery-powered mobility scooters, has $660,000 to invest. The company is considering three different battery projects that will yield the following rates of return Deep cycle - 25% Wet/flooded = 49% Lithium ion = 28% The initial investment required for each project is $160,000, $100.000, and $400,000, respectively. If Amigo's invests in all three projects, what will be its overall rate of return? The rate of return is 0 %

Answer 1

heights (Price Total) Expected Retorn [retion & Weight] stock invested Return Deep cycle 1,60,000 0.242 25.0% 0.0605 wet flooded 1,00,000 0.152 49.0% 1 0.07424 Lithium ion 4ooooo 0.606 28.04. 0.16970 Total 6,60,000 29.6%