

The Lagrangian is

with partial derivatives (all set equal to 0)

for
, and

Substituting each
into the second sum gives

Then we get two critical points,

or

At these points we get a value of
, i.e. a maximum value of
and a minimum value of
.
Answer:
$22350 is the predicted value of portfolio.
Step-by-step explanation:
The given expression is 1.08s + 1.02b1.08s + 1.02b which predicts the end of year value of a financial portfolio.Here s = value of stocks and b = value of bonds.
Now we have to calculate the value of a portfolio with s = $200 and b = $100
So we will put the values of s and b in the given expression to calculate the value portfolio.
1.08×200 +1.02×(100)×1.08×(200)+ 1.02×(100) = 216 + 22032 + 102
= $22350
The predicted end to end year value of portfolio is = $22350
X=8 and y=79
if you ever are stuck on questions like this, download the app photomath.I use it for my online class all the time
Answer:80
Step-by-step explanation: if you do 45:100% and then x36 you get the result