subject
Mathematics, 14.09.2019 06:30 shacarabrown49

George johnson recently inherited a large sum of money; he wants to use a portion of this money to set up a trust fund for his two children. the trust fund has two investment options: (1) a bond fund and (2) a stock fund. the projected returns over the life of the investments are 6% for the bond fund and 10% for the stock fund. whatever portion of the inheritance he finally decides to commit to the trust fund, he wants to invest at least 30% of that amount in the bond fund. in addition, he wants to select a mix that will enable him to obtain a total return of at least 7.5%. a. formulate a linear programming model that can be used to determine the percentage that should be allocated to each of the possible investment alternatives. b. solve the problem using the graphical solution procedure.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 18:50
Aresearch group wants to find the opinions’ of city residents on the construction of a new downtown parking garage. what is the population of the survey downtown shoppers downtown visitors downtown workers city residents
Answers: 3
question
Mathematics, 21.06.2019 20:00
The art class is planning to paint a mural on an outside wall. this figure is a scale drawing of the wall. width: 11 in length: 28 in unit rate: 1.5 ft per in. write the ratio of the area of the drawing to the area of the actual mural. write your answer as a unit rate. show that this unit rate is equal to the square of the unit rate 1.5 ft per in
Answers: 1
question
Mathematics, 21.06.2019 21:30
Questions 9-10. use the table of educational expenditures to answer the questions. k-12 education expenditures population indiana $9.97 billion 6.6 million illinois $28.54 billion 12.9 million kentucky $6.58 billion 4.4 million michigan $16.85 billion 9.9 million ohio $20.23 billion 11.6million 9. if the amount of k-12 education expenses in indiana were proportional to those in ohio, what would have been the expected value of k-12 expenditures in indiana? (give the answer in billions rounded to the nearest hundredth) 10. use the value of k-12 education expenditures in michigan as a proportion of the population in michigan to estimate what the value of k-12 education expenses would be in illinois. a) find the expected value of k-12 expenditures in illinois if illinois were proportional to michigan. (give the answer in billions rounded to the nearest hundredth) b) how does this compare to the actual value for k-12 expenditures in illinois? (lower, higher, same? )
Answers: 1
question
Mathematics, 21.06.2019 22:30
Which of the following represents the factorization of the trinomial below? x^2+7x-30
Answers: 1
You know the right answer?
George johnson recently inherited a large sum of money; he wants to use a portion of this money to...
Questions
question
Mathematics, 28.01.2020 05:31
question
Mathematics, 28.01.2020 05:31
question
Mathematics, 28.01.2020 05:31