A couple wants to invest up to 20000 They can purchase a type A bond yielding 11 return and a type B bond yielding a 12 5 return

Question

A couple wants to invest up to 20000 They can purchase a type A bond yielding 11 return and a type B bond yielding a 12 5 return on the amount invested They also want to invest at least as much in the type A bond as in the type B bond They will also invest at least 10000 in type A and no more than 15000 in type B bond How much should they invest in each type of bond to maximize their return Let a be the amount invested in type A bond and y the amount invested in type B bond a Write the objective function to be maximized P b The feasible region has 3 corner points List the three points Corner points c Determine the amount to be invested in each bond to maximize the return and determine the maximum return Amount to be invested in type A bonds Amount to be invested in type B bonds Maximum return is

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