A couple has $60,000 to invest for retirement. They plan to put x dollars in stocks and y dollars in bonds. For parts (a)-(d), write an inequality Lo represent the given statement.
a. The total amount invested is at most $60,000.
b. The couple considers stocks a riskier investment, so they want to invest at least twice as much in bonds as in stocks.
c. The amount invested in stocks cannot be negative.
d. The amount invested in bonds cannot be negative.
e. Graph the solution set to the system of inequalities from parts (a) – (d).
Want to see the full answer?
Check out a sample textbook solutionChapter 5 Solutions
College Algebra Annotated Instructor's Edition
Additional Math Textbook Solutions
Linear Algebra with Applications (9th Edition) (Featured Titles for Linear Algebra (Introductory))
Algebra and Trigonometry (6th Edition)
Algebra 1
College Algebra Essentials (5th Edition)
- Shanthie needs to earn at least $500 a week during her summer break to pay for college. She works two jobs. One as a swimming instructor that pays $10an hour and the other as an intern in a law office for$25 hour. How many hours does Shanthie need to work at each job to earn at least $500 per week? (a) Let x be the number of hours she works teaching swimming and let y be the number of hours she worksas an intern. Write an inequality that would model thissituation. (b) Graph the inequality. (c) Find three ordered pairs (x,y) that would be solutions to the inequality. Then, explain what that means for Shanthie.arrow_forwardFind your last month’s phone bill and the hourly salary you are paid at your job. (If you do not have a job, use the hourly salary you would realistically be paid if you had a job.) Calculate the number of hours of work it would take you to earn at least enough money to pay your phone bill by writing an appropriate inequality and then solving it.arrow_forward
- Big Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin HarcourtElementary AlgebraAlgebraISBN:9780998625713Author:Lynn Marecek, MaryAnne Anthony-SmithPublisher:OpenStax - Rice University
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillHolt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGALTrigonometry (MindTap Course List)TrigonometryISBN:9781337278461Author:Ron LarsonPublisher:Cengage Learning