Use the simplex method to solve the linear programming problem in Section 9.2, Exercise 1.
1. Betty plans to invest a total of $12,000 in mutual funds, certificates of deposit (CDs), and a high-yield savings account. Because of the risk involved in mutual funds, she wants to invest no more in mutual funds than the sum of her CDs and savings. She also wants the amount in savings to be at least half the amount in CDs. Her expected returns are 11% on the mutual funds, 8% on the CDs and 6% on savings. How much money should Betty invest in each area in order to have the largest return on her investments? Set this up as a linear programming problem in the following form: Maximize cTx subject to Ax ≤ b and x ≥ 0. Do not find the solution.

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Chapter 9 Solutions
LINEAR ALGEBRA AND ITS APPLICATION -TEX
- Choose the function to match the graph. -2- 0 -7 -8 -9 --10- |--11- -12- f(x) = log x + 5 f(x) = log x - 5 f(x) = log (x+5) f(x) = log (x-5) 9 10 11 12 13 14arrow_forwardWhich of the following represents the graph of f(x)=3x-2? 7 6 5 4 ++ + + -7-6-5-4-3-2-1 1 2 3 4 5 6 7 -2 3 -5 6 -7 96 7 5 4 O++ -7-6-5-4-3-2-1 -2 -3 -4 -5 -7 765 432 -7-6-5-4-3-2-1 -2 ++ -3 -4 -5 -6 2 3 4 5 6 7 7 6 2 345 67 -7-6-5-4-3-2-1 2 3 4 5 67 4 -5arrow_forward13) Let U = {j, k, l, m, n, o, p} be the universal set. Let V = {m, o,p), W = {l,o, k}, and X = {j,k). List the elements of the following sets and the cardinal number of each set. a) W° and n(W) b) (VUW) and n((V U W)') c) VUWUX and n(V U W UX) d) vnWnX and n(V WnX)arrow_forward
- 9) Use the Venn Diagram given below to determine the number elements in each of the following sets. a) n(A). b) n(A° UBC). U B oh a k gy ท W z r e t ་ Carrow_forward10) Find n(K) given that n(T) = 7,n(KT) = 5,n(KUT) = 13.arrow_forward7) Use the Venn Diagram below to determine the sets A, B, and U. A = B = U = Blue Orange white Yellow Black Pink Purple green Grey brown Uarrow_forward
- 1) Use the roster method to list the elements of the set consisting of: a) All positive multiples of 3 that are less than 20. b) Nothing (An empty set).arrow_forward2) Let M = {all postive integers), N = {0,1,2,3... 100), 0= {100,200,300,400,500). Determine if the following statements are true or false and explain your reasoning. a) NCM b) 0 C M c) O and N have at least one element in common d) O≤ N e) o≤o 1arrow_forward4) Which of the following universal sets has W = {12,79, 44, 18) as a subset? Choose one. a) T = {12,9,76,333, 44, 99, 1000, 2} b) V = {44,76, 12, 99, 18,900,79,2} c) Y = {76,90, 800, 44, 99, 55, 22} d) x = {79,66,71, 4, 18, 22,99,2}arrow_forward
- College Algebra (MindTap Course List)AlgebraISBN:9781305652231Author:R. David Gustafson, Jeff HughesPublisher:Cengage LearningAlgebra for College StudentsAlgebraISBN:9781285195780Author:Jerome E. Kaufmann, Karen L. SchwittersPublisher:Cengage Learning

