An investor has $24,000 to invest in bonds of AAA and B qualities. The AAA bonds yield

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An investor has $24,000 to invest in bonds of AAA and B qualities. The AAA bonds yield an average of 6%, and the B bonds yield 10%. The investor requires that at least three times as much money should be invested in AAA bonds as in B bonds. How much should be invested in each type of bond to maximize the return? What is the maximum return?
In Problem construct a mathematical model in the form of a linear programming problem.
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College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

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