A retired couple has up to $50,000 to invest. As their
Chapter 11, Problem 57(choose chapter or problem)
A retired couple has up to $50,000 to invest. As their financial adviser, you recommend that they place at least $35,000 in Treasury bills yielding 1% and at most $10,000 in corporate bonds yielding 3%. (a) Using x to denote the amount of money invested in Treasury bills and y the amount invested in corporate bonds, write a system of linear inequalities that describes the possible amounts of each investment. (b) Graph the system and label the corner points.
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