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Homework: 3.3 Applications of Linear Programming Score: 0 of 1 pt Bus Econ 3.3.17 Save 4 of 4 (2 complete) > HW Score: 50%, 2

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Homework: 3.3 Applications of Linear Programming Score: 0 of 1 pt Bus Econ 3.3.17 Save 4 of 4 (2 complete) > HW Score: 50%, 2 of 4 pts Question Help A pension fund manager decides to invest a total of at most $35 million in U.S. Treasury bonds paying 6% annual interest and in mutual funds paying 9% annual interest. He plans to invest at least $5 million in bonds and at least $20 million in mutual funds. Bonds have an initial fee of $100 per million dollars, while the fee for mutual funds is $200 per million. The fund manager is allowed to spend no more than $6000 on fees. How much should be invested in each to maximize annual interest? What is the maximum annual interest? invested in mutual funds is $ 25 million. The maximum annual interest is $ Homework: 3.3 Applications of Linear Programming Score: 0 of 1 pt Bus Econ 3.3.17 Save 4 of 4 (2 complete) > HW Score: 50%, 2 of 4 pts Question Help A pension fund manager decides to invest a total of at most $35 million in U.S. Treasury bonds paying 6% annual interest and in mutual funds paying 9% annual interest. He plans to invest at least $5 million in bonds and at least $20 million in mutual funds. Bonds have an initial fee of $100 per million dollars, while the fee for mutual funds is $200 per million. The fund manager is allowed to spend no more than $6000 on fees. How much should be invested in each to maximize annual interest? What is the maximum annual interest? invested in mutual funds is $ 25 million. The maximum annual interest is $

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