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An investor has $621,000 to invest in bonds.  Bond A yields an average of 8% and the bond B yields 7%.  The investor requires that at least 5 times as much money be invested in bond A as in bond B.  You must invest in these bonds to maximize his return.  This can be set up as a linear programming problem.  Introduce the decision variables:  dollars invested in bond A  dollars invested in bond B Compute . $                       .  Round to the NEAREST CENT

An investor has $621,000 to invest in bonds.  Bond A yields an average of 8% and the bond B yields 7%.  The investor requires that at least 5 times as much money be invested in bond A as in bond B.  You must invest in these bonds to maximize his return.  This can be set up as a linear programming problem.  Introduce the decision variables:  dollars invested in bond A  dollars invested in bond B Compute . $                       .  Round to the NEAREST CENT

Database System Concepts
Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
Problem 1PE
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An investor has $621,000 to invest in bonds.  Bond A yields an average of 8% and the bond B yields 7%.  The investor requires that at least 5 times as much money be invested in bond A as in bond B.  You must invest in these bonds to maximize his return.  This can be set up as a linear programming problem.  Introduce the decision variables:

 dollars invested in bond A
 dollars invested in bond B

Compute .

$                       .  Round to the NEAREST CENT

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