Mutual Funds Suppose that in a certain year, the Fidelity Nordic Fund (FNORX) was expected to yield 5%, and the T. Rowe Price Global Technology Fund (PRGTX) was expected to yield 9%. You would like to invest a total of up to $70,000 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). (Place FNORX on the x-axis and PRGTX on the y-axis. Select Update Graph to see your response plotted on the screen. Select the Submit button to grade your response.) Inequality available dollars desired interest Two Points (x, y) on the Graphed Line Point (x, y) in Shaded Region 70000 0, 70000 0, 80000 90000 0, 50000 0 0 (0,0 y≥o 0 Update Graph Student Response Graph Student Response Graph Description y 100000 50000 -1, 1 −1, − 1 x 50000 100000 calcPa + Operatio Function X Symbols 0 Relation no Sets o! Trig Vectors Greek Help 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) = ( [ 0,0 × (x, y) 45000, 25000 (x, y) = 90000, 0

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Mutual Funds Suppose that in a certain year, the Fidelity Nordic Fund (FNORX) was expected to yield 5%, and the T. Rowe Price Global Technology
Fund (PRGTX) was expected to yield 9%. You would like to invest a total of up to $70,000 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). (Place FNORX on the x-axis and PRGTX on the y-axis. Select Update
Graph to see your response plotted on the screen. Select the Submit button to grade your response.)
Inequality
available dollars
desired interest
Two Points (x, y) on the Graphed Line Point (x, y) in Shaded Region
70000
0, 70000
0, 80000
90000
0, 50000
0
0
(0,0
y≥o
0
Update
Graph
Student Response
Graph
Student Response
Graph Description
y
100000
50000
-1, 1
−1, − 1
x
50000
100000
calcPa
+
Operatio
Function
X
Symbols
0
Relation
no
Sets
o!
Trig
Vectors
Greek
Help
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)
= ( [ 0,0
×
(x, y)
45000, 25000
(x, y)
=
90000, 0
Transcribed Image Text:Mutual Funds Suppose that in a certain year, the Fidelity Nordic Fund (FNORX) was expected to yield 5%, and the T. Rowe Price Global Technology Fund (PRGTX) was expected to yield 9%. You would like to invest a total of up to $70,000 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). (Place FNORX on the x-axis and PRGTX on the y-axis. Select Update Graph to see your response plotted on the screen. Select the Submit button to grade your response.) Inequality available dollars desired interest Two Points (x, y) on the Graphed Line Point (x, y) in Shaded Region 70000 0, 70000 0, 80000 90000 0, 50000 0 0 (0,0 y≥o 0 Update Graph Student Response Graph Student Response Graph Description y 100000 50000 -1, 1 −1, − 1 x 50000 100000 calcPa + Operatio Function X Symbols 0 Relation no Sets o! Trig Vectors Greek Help 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) = ( [ 0,0 × (x, y) 45000, 25000 (x, y) = 90000, 0
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