Examlex

Solved

Write the Word or Phrase That Best Completes Each Statement

question 149

Essay

Write the word or phrase that best completes each statement or answers the question.
Set up the linear programming problem.
-The Jillson's have up to $75,000 to invest. They decide that they want to have at least $40,000 invested in stable bonds
yielding 6% and that no more than $20,000 should be invested in more volatile bonds yielding 12%.
(a) Using x to denote the amount of money invested in the stable bonds and y the amount invested in the more volatile
bonds, write a system of linear inequalities that describe the possible amounts of each investment.
(b) Graph the system and label the corner points. Write the word or phrase that best completes each statement or answers the question. Set up the linear programming problem. -The Jillson's have up to $75,000 to invest. They decide that they want to have at least $40,000 invested in stable bonds yielding 6% and that no more than $20,000 should be invested in more volatile bonds yielding 12%. (a) Using x to denote the amount of money invested in the stable bonds and y the amount invested in the more volatile bonds, write a system of linear inequalities that describe the possible amounts of each investment. (b) Graph the system and label the corner points.


Definitions:

World War II Veterans

Individuals who served in the military during World War II, contributing significantly to the Allied victory.

VA Mortgage Loans

A loan program established by the United States Department of Veterans Affairs to help veterans, service members, and their surviving spouses buy homes.

GI Bill of Rights

A law that provided a range of benefits for returning World War II veterans, including low-cost mortgages, low-interest loans to start a business, and tuition and living expenses for education.

National Highway Network

A comprehensive system of roads and highways in a country that facilitates domestic and international trade, travel, and economic development.

Related Questions