document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=111374>Question 111374</A>: <I><SPAN STYLE=\"word-break: break-all;\"> This is a linear programming question. I have played around with the numbers to try and make a formula but I am stumped. The question is...<BR>\n" );
document.write( "Ms. Smith plans to invest up to $40,000 in corporate and municipal bonds. She doesn't want to invest less than $6000 or more than $22,000 in corporate bonds. She also does not want to invest more that $30,000 in municipal bonds. Corporate bonds earn 8% simple interest and municipal bonds earn 7 and a half % simple interest. How much should she invest to maximize income (interest)? What is the maximum income? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #81237 by </B><A HREF=/tutors/aboutme.mpl?userid=edjones><B>edjones(8007)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=edjones><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=edjones><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=81237\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Since corporate bonds have a higher interest rate than munis she should invest as much as she can in corporates ($22,000.).<BR>\n" );
document.write( "40-22=18k in munis<BR>\n" );
document.write( "Maximum income=22000*.08+18000*.075=$3,110/yr<BR>\n" );
document.write( "Ed<BR>\n" );
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