document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1198542>Question 1198542</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Mutual Funds   Suppose that in a certain year, the Phoenix/Zweig Advisors Zweig Total Return fund (ZTR) was expected to yield 3%, and the Madison Asset Management Madison Strategic Sector Premium fund (MSP) was expected to yield 8%. You would like to invest a total of up to $60,000 and earn at least $3500 in interest. Draw the feasible region that shows how much money you can invest in each fund (based on the given yields). </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #832169 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><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=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=832169\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> the following graph shows the feasible region.<BR>\n" );
document.write( "any point in the red area has an investment greater than 60,000.<BR>\n" );
document.write( "any point in the blue area has interest that is less than 3500.<BR>\n" );
document.write( "any point in the unshaded area and on the lines that border the unshaded area are ok.<BR>\n" );
document.write( "they have investment less than or equal to 60,000 and interest greater than or equal to 3500.\r<BR>\n" );
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document.write( "the following spreadsheet shows the calculations for all of the points except (24000,36000).<BR>\n" );
document.write( "that point is also good because the total investment is less than or equal to 60,000 and the total interest is greater than or equal to 3500.<BR>\n" );
document.write( "total investment is 26000 + 34000 = 60000<BR>\n" );
document.write( "total interest is .03*26000 + .08*34000 = 2500 \r<BR>\n" );
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document.write( " </SPAN>\n" );
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