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You have $ 3 9 , 0 0 0 you would like to invest in two different stocks, Stock Boll and Stock Coff. The buying
You have $ you would like to invest in two different stocks, Stock Boll and Stock Coff. The buying limit on Stock Coff is $ and you want to spend at least
four times as much money on Stock Boll as Stock Coff.
If Stock Boll earns annual interest and Stock Coff earns annual interest, how much money in dollars should you invest in each stock to maximize your annual
interest earned? What is the maximum annual interest in dollars
You will earn a maximum total annual interest of $
if you invest $
in Stock Boll and $
in Stock Coff.
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