Multiple Choice
Solve the linear programming problem.
-Zach is planning to invest up to $45,000 in corporate and municipal bonds. The least he will invest in corporate bonds is $7000 and he does not want to invest more than $27,000 in corporate bonds. He also does not want to
Invest more than $34,262 in municipal bonds. The interest is 8.6% on corporate bonds and 6.2% on municipal
Bonds. This is simple interest for one year. What is the maximum income?
A) $30,438
B) $21,438
C) $3438
D) $10,206
Correct Answer:

Verified
Correct Answer:
Verified
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