Mutual Funds Suppose that in a certain year, the Fidelity Nordic Fund (FNORX) was expected to yield 4%, and the T. Rowe Price Global Technology Fund (PRGTX) was expected to yield 9%. You would like to invest a total of up to $80,000 and earn at least $4,500 in interest. Draw the feasible region that shows how much money you can invest in each fund (based on the given yields). Inequality Two Points (x, y) on the Graphed Line Point (x, y) in Shaded Region available dollars , 0 0, desired interest , 0 0, x ≥ 0 , 0 , 1 y ≥ 0 0, 1, Find the corner points of the region. (Order your answers from smallest to largest x, then from smallest to largest y. If an answer does not exist, enter DNE.) (x, y) = (x, y) = (x, y) =

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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Question

Mutual Funds Suppose that in a certain year, the Fidelity Nordic Fund (FNORX) was expected to yield 4%, and the T. Rowe Price Global Technology Fund (PRGTX) was expected to yield 9%. You would like to invest a total of up to $80,000 and earn at least $4,500 in interest. Draw the feasible region that shows how much money you can invest in each fund (based on the given yields).

Inequality

Two Points

(x, y)

on the Graphed Line

Point

(x, y)

in Shaded Region

available dollars

, 0

desired interest

, 0

x ≥ 0

, 0

, 1

y ≥ 0

Find the corner points of the region. (Order your answers from smallest to largest x, then from smallest to largest y. If an answer does not exist, enter DNE.)

(x, y)