which options are correct ? Investor Matt has $83,000 to invest in a CD and a mutual fund.The CD yields 4% and the mutual fund yields an average of8.5%. The mutual fund requires a minimum investment of$10,000, and Matt requires that at least 2 times as much moneybe invested in the CD as in the mutual fund. You must invest inthese bonds to maximize his return.This can be set up as a linear programming problem. Introducethe decision variables:X dollars invested in the CD=Y dollars invested in the mutual fund-Check all of the problem constraints. Note: The non-negativeconstraints are not included here.y>2y 10000x+y≤ 83000x > 100000.04x +0.085y ≤ 830000.04x+0.085y > 10000x+y 10000y> 10000x > 2y

Let x be the amount invested in CD y be the amount invested in Mutual fund Total amount Matt has to…

Investor Matt has $83,000 to invest in a CD and a mutua The CD yields 4% and the mutual fund yields an average 8.5%. The mutual fund requires a minimum investment $10,000, and Matt requires that at least 2 times as much be invested in the CD as in the mutual fund. You must in these bonds to maximize his return

Investor Matt has $83,000 to invest in a CD and a mutua The CD yields 4% and the mutual fund yields an average 8.5%. The mutual fund requires a minimum investment $10,000, and Matt requires that at least 2 times as much be invested in the CD as in the mutual fund. You must in these bonds to maximize his return

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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