A retired couple has up to $50,000 to invest. As their financial adviser, you recommend that they

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A retired couple has up to $50,000 to invest. As their financial adviser, you recommend that they place at least $35,000 in Treasury bills yielding 1% and at most $10,000 in corporate bonds yielding 3%. 

(a) Using x to denote the amount of money invested in Treasury bills and y the amount invested in corporate bonds, write a system of linear inequalities that describes the possible amounts of each investment. 

(b) Graph the system and label the corner points.

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Related Book For  answer-question

Precalculus

ISBN: 978-0321716835

9th edition

Authors: Michael Sullivan

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