SOLUTION: This problem is impossible! My pivot elements are not working out correctly. I have it all messed up and now I'm lost. Can anyone help me? Thank you in advance! An investor has

Algebra.Com
Question 454825: This problem is impossible! My pivot elements are not working out correctly. I have it all messed up and now I'm lost. Can anyone help me? Thank you in advance!
An investor has at most $30,000 to invest in government bonds, mutual funds, and money market funds. The average yields for government bonds, mutual funds, and money market funds are 4%, 9%, and 11%, respectively. The investors policy require that the total amount invested in mutual and money market funds not exceed the amount invested in government bonds. How much should be invested in each type of investment in order to maximize the return? What is the maximum return in the first year?

Answer by richwmiller(17219)   (Show Source): You can put this solution on YOUR website!
a+b+c=30000
.04a+.09b+.11c=x
b+c < a



RELATED QUESTIONS

Determine if sqrt 77 and sqrt(-)are irrational or rational. I said that 77 was... (answered by stanbon)
Hello, I need help to make sure that I found out what went wrong with my math problem. (answered by jim_thompson5910,stanbon)
can someone help me out with this problem I have to factor complete. I have been working... (answered by Earlsdon)
Let the Universal set, S, have 169 elements. A and B are subsets of S. Set A has 80... (answered by MathTherapy,ikleyn,TeachMath)
I am trying to graph 3y= -5x, I tried by substituting x for 0 then y for 0. I ended up... (answered by josgarithmetic,MathTherapy,greenestamps)
Set K contains 50 elements, set J contains 66 elements, and 14 elements are common to... (answered by solver91311)
I am working on an absolute value inequality for my algebra class. The problem is 9[1-z]... (answered by Theo)
i have a question (-27)^5/3. Now i must bring this expression into radical form, if i can (answered by Theo)
My question is this. Angle ABD and Angle BDC are complemetary. Find the measures of both (answered by chessace)