q. 23

A pension fund manager decides to irvest a total of at most $30 mililon in U.S. Treasury bonds paying 4% anchual intorest and in mutual funds paying 6% annual intorost. He plans to invest at ieast spend no more than $5000 on fees. How much should be invested in each to maximize annual interest? What is the maximum annual interent? The amount that shouid be invented in Treasury bonds is 5 milion and the amount that should be invested in mutual funds is 1 miltion. The maximum anhual interest is s