subject
Mathematics, 03.04.2020 00:55 yoboi33

A pension fund manager decides to invest a total of at most $45 million in U. S. Treasury bonds paying 5% annual interest and in
mutual funds paying 7% annual interest. He plans to invest at least $5 million in bonds and at least $30 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
allowed to spend no more than $8000 on fees. How much should be invested in each to maximize annual interest? What is the
maximum annual interest?
million and the amount that should be invested in mutual funds is
3
The amount that should be invested in Treasury bonds is $
$1 million
0
0
Enter your answer in the edit fields and then click Check Answer.

ansver
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 20.06.2019 18:04, zaleemawhite
Which of the following is the formula for the sequence graphed below
Answers: 1
image
Mathematics, 21.06.2019 23:00, dianereyes7475
The angles in a triangle are represented by 5x, 8x, and 2x+9. what is the value of ? a.10.8 b.11.4 c.9.7 d.7.2
Answers: 2
image
Mathematics, 22.06.2019 00:00, christinavelez26
(50 ) mrs. julien’s and mrs. castillejo’s classes are selling cookie dough for a school fundraiser. customers can buy packages of macadamia nut chip cookie dough and packages of triple chocolate cookie dough. mrs. julien’s class sold 25 packages of macadamia nut chip cookie dough and 30 packages of triple chocolate cookie dough for a total of $221.25. mrs. castillejo’s class sold 5 packages of macadamia nut chip cookie dough and 45 packages of triple chocolate cookie dough for a total of $191.25. (a) write the system of equations that model the problem. be sure to explain which equation represents which situation. (b) find the cost of each type of cookie. show your work. (c) explain which method you used to solve the system and why you chose that method.
Answers: 1
image
Mathematics, 22.06.2019 02:00, coolkitty35
Arectangular courtyard is 12 feet long and 8 feet wide. a tile is 2 feet long and 2 feet wide. how many tiles are needed to cover the courtyard?
Answers: 1
You know the right answer?
A pension fund manager decides to invest a total of at most $45 million in U. S. Treasury bonds payi...

Questions in other subjects:

Konu
Mathematics, 10.10.2019 01:00
Konu
Mathematics, 10.10.2019 01:00
Konu
Biology, 10.10.2019 01:00