Computers and Technology, 12.07.2019 22:10 maligv

Apension fund manager decides to invest a total of at most $35 million in u. s. treasury bonds paying 5% annual interest and in mutual funds paying 8% annual interest. he plans to invest at least $5 million in bonds and at least $15 million in mutual funds. bonds have an initial fee of $100 per million dollars, while the fee for mutual funds is $200 per million. the fund manager is alllowed to spend no more than $6000 on fees. how much should be invested in each to maximize annual

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Apension fund manager decides to invest a total of at most $35 million in u. s. treasury bonds payin...