Please help I need this answered. Find x and explain. I’ll give brainliest.
1 answer:
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Answer:
See Explanation
Step-by-step explanation:
According to the Question,
Given that, A retired couple has up to $50,000 to invest. As their financial adviser, you recommend that they place at least $35,000 in Treasury bills yielding 1% and at most $10,000 in corporate bonds yielding 3%.
Therefore,
Let, x be the amount of money invested in Treasury bills
y be the amount invested in corporate bonds
Thus, the system of equations of linear inequalities is
x + y ≤ 50000
x ≥ 35000
0 ≤ y ≤ 10000
For, the graph of the system of equations of linear inequalities describes the possible amounts of each investment.
(Please find in the attachment)
