An investor can invest at most $20,000 in a retirement plan. He wants to place at least $5000 in Treasury Notes yielding 5% and more than $14,000 in corporate bonds yielding 8%. He also wants to earn $1420 annually. Let
the amount invested in Treasury Notes and the amount invested in corporate bonds.
-Estimate the vertices of the feasible region.
E) none of these

Question

An investor can invest at most $20,000 in a retirement plan. He wants to place at least $5000 in Treasury Notes yielding 5% and more than $14,000 in corporate bonds yielding 8%. He also wants to earn $1420 annually. Let
  the amount invested in Treasury Notes and  the amount invested in corporate bonds.
-Estimate the vertices of the feasible region.
E) none of these

Quizplus · Accepted Answer

The Answer of An investor can invest at most $20,000 in a retirement plan. He wants to place at least $5000 in Treasury Notes yielding 5% and more than $14,000 in corporate bonds yielding 8%. He also wants to earn $1420 annually. Let
  the amount invested in Treasury Notes and  the amount invested in corporate bonds.
-Estimate the vertices of the feasible region.
E) none of these

An Investor Can Invest at Most $20,000 in a Retirement