Question
Zach is planning to invest up to $50,000 in corporate and municipal bonds. The least he will invest in corporate bonds is $6000 and he
Zach is planning to invest up to $50,000 in corporate and municipal bonds. The least he will invest in corporate bonds is $6000 and he does not want to invest more than $27,000 in corporate bonds. He also does not want to invest more than $34,650 in municipal bonds. The interest is 8.5% on corporate bonds and 6.8% on municipal bonds. This is simple interest for one year. What is the maximum income?
Write the Objective Function to be maximized: _____________________________________________________________
Write the Constraints: _________________________________________________________________________________
__________________________________________________________________________________________________
Graph the Constraints and shade the region of feasible solutions: Write values for Question 5 below:
List all Vertices: ____________________________________________________________________________________
Find the value of the objective function at each vertex and record them in the box next to the graph.
Final Solution:__________________________________________________________________________________________
What is the benefit to using this method over another method, like trial and error, to solve this problem? __________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
Please answer quick this is due today and a big part of my grade. Thank you in advance!
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