Question
write the objective equation and the constraints for the following problem. do not solve the problem. Amanda is planning to invest up to $50,000 in
write the objective equation and the constraints for the following problem.
do not solve the problem.
Amanda is planning to invest up to $50,000 in corporate and municipal bonds. The least she is allowed to invest in a corporate bond is $5000, and she does not want to invest more than $25,000 in corporate bonds. she also does not want to invest more than$30,000 in municipal bonds. the interest is 6% on corporate bonds and 4% on municipal bond. this is simple interest for one year. how much should she invest in each type of bond to maximize her income?
let c= amount invested ion corporate bond
m = amount invested in municipal bond
objective equation:
constraints:
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