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Question 2 6 pts Investor Matt has $83,000 to invest in a CD and a mutual fund. The CD yields 4% and the mutual fund
Question 2 6 pts Investor Matt has $83,000 to invest in a CD and a mutual fund. The CD yields 4% and the mutual fund yields an average of 8.5%. The mutual fund requires a minimum investment of $10,000, and Matt requires that at least 2 times as much money be invested in the CD as in the mutual fund. You must invest in these bonds to maximize his return. This can be set up as a linear programming problem. Introduce the decision variables: x=dollars invested in the CD y=dollars invested in the mutual fund Check all of the problem constraints. Note: The non-negative constraints are not included here. O x2y Oy > 10000 0.041 +0.085y 10000 Oy > 2.c 0.04.1 +0.085y 10000 O x > 10000 O x + y
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