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On your birthday your rich uncle gave you $19000. You would like to invest at least $2000 of the money in municipal bonds yielding
On your birthday your rich uncle gave you $19000. You would like to invest at least $2000 of the money in municipal bonds yielding 4% and no more than $4000 in Treasury bills yielding 7 %. How much should be placed in each investment in order to maximize the interest earned in one year? Assume simple interest applies. Let x represent the amount of money in municipal bonds and y represent the amount of money in Treasury bills. Answer Enter the value in the first box and the ordered pair in the second box. Maximum income of S Maximum income at Keypad Keyboard Shortcu
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