A retired couple has up to $60,000 to invest. As their financial advisor, you

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter6: Systems Of Linear Equations And Inequalities
Section6.6: Systems Of Inequalities
Problem 44PFA
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A retired couple has up to $60,000 to invest. As their financial advisor, you recommend that they place at least $45,000 in treasury bills yielding 7% and at most $10,000 in corporate bonds yielding 10%. Complete parts A and B. A. Using asked to denote the amount of money invested in treasury bills and why the amount invested in corporate bonds, write a system of linear inequalities that describe the amount of each investment. Assume X and why are in thousands of dollars. B. Use the graphing tool to graph all five inequalities in the system. Then use the paint icon to fill in the regions that solve all of the inequalities. what are the corner points in the graph? As an ordered pair
A retired couple has up to $60,000 to invest. As their financial adviser, you recommend that they place at least
$45,000 in Treasury bills yielding 7% and at most $10,000 in corporate bonds yielding 10%. Complete parts (a)
and (b) below
(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. Assume x
and y are in thousands of dollars.
y 2
x+y
(b) Use the graphing tool to graph all five inequalities in the system. Then use the paint can icon to fill in the
region that solves all of the inequalities.
Click to
enlarge
graph
What are the corner points of the graph?
Transcribed Image Text:A retired couple has up to $60,000 to invest. As their financial adviser, you recommend that they place at least $45,000 in Treasury bills yielding 7% and at most $10,000 in corporate bonds yielding 10%. Complete parts (a) and (b) below (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. Assume x and y are in thousands of dollars. y 2 x+y (b) Use the graphing tool to graph all five inequalities in the system. Then use the paint can icon to fill in the region that solves all of the inequalities. Click to enlarge graph What are the corner points of the graph?
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