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Mathematics 53 Online
OpenStudy (anonymous):

A couple wants to invest up to $60000. They can purchase a type A bond yielding 12% return and a type B bond yielding a 14.5% return on the amount invested. They also want to invest at least as much in the type A bond as in the type B bond. They will also invest at least $30000 in type A and no more than $44000 in type B bond. How much should they invest in each type of bond to maximize their return? Let x be the amount invested in type A bond and y the amount invested in type B bond. a) Write the objective function to be maximized. (more questions below)

OpenStudy (anonymous):

b. The feasible region has 3 corner points. Two of them are on the x-axis. From left to right, they are: (__,0) (0,__) The third is the point (a,a) where a=___ c. Determine the amount to be invested in each bond to maximize the return and determine the maximum return:

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