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.

Question

What will be an ideal response?

Answer 1

(a)