Mutual Funds   Suppose that in a certain year, the Fidelity Nordic Fund (FNORX) was expected to yield 4%, and the T. Rowe Price Global Technology Fund (PRGTX) was expected to yield 9%. You would like to invest a total of up to $80,000 and earn at least $4,500 in interest. Draw the feasible region that shows how much money you can invest in each fund (based on the given yields). Inequality Two Points  (x, y)  on the Graphed Line Point  (x, y)  in Shaded Region available dollars       , 0         0,                         desired interest       , 0         0,                         x ≥ 0       , 0           , 1                       y ≥ 0     0,           1,                           Find the corner points of the region. (Order your answers from smallest to largest x, then from smallest to largest y. If an answer does not exist, enter DNE.) (x, y) =              (x, y) =              (x, y) =

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.8: Linear Programming
Problem 21E: Making furniture Two woodworkers, Chase and Devin, get 100 for making a table and 80 for making a...
Question
Mutual Funds   Suppose that in a certain year, the Fidelity Nordic Fund (FNORX) was expected to yield 4%, and the T. Rowe Price Global Technology Fund (PRGTX) was expected to yield 9%. You would like to invest a total of up to $80,000 and earn at least $4,500 in interest. Draw the feasible region that shows how much money you can invest in each fund (based on the given yields).
Inequality Two Points 
(x, y)
 on the Graphed Line
Point 
(x, y)
 in Shaded Region
available dollars
 
 
  , 0
 
 

 
 
0,  
 
 
 
 
 
 
 
 
 
 
 
desired interest
 
 
  , 0
 
 

 
 
0,  
 
 
 
 
 
 
 
 
 
 
 
x ≥ 0
 
 
  , 0
 
 

 
 
  , 1
 
 
 
 
 
 
 
 
 
 
 
y ≥ 0
 
 
0,  
 
 

 
 
1,  
 
 
 
 
 
 
 
 
 
 
 
 
Find the corner points of the region. (Order your answers from smallest to largest x, then from smallest to largest y. If an answer does not exist, enter DNE.)
(xy)
 
 
 
 
 
 
(xy)
 
 
 
 
 
 
(xy)
 
 
 
 
 
 
 
  •  

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