We Plan To Invest X Dollars in Acme Company Bonds, Which Pay 6.5 Percent Interest and y Dollars in Star Company Bonds, Which Pay 9 Percent Interest
We Plan To Invest X Dollars in Acme Company Bonds, Which Pay 6.5 Percent Interest and y Dollars in Star Company Bonds, Which Pay 9 Percent Interest
P 92- 2:
We plan to invest x dollars in Acme company
bonds, which pay 6.5 percent interest and y
dollars in star company bonds, which pay 9
percent interest.
If $50,000 is to be invested and we require
$4,000 interest to be received, how much
should we be invested in each bond?
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P 93: 10) The table shows the numbers of hours required in each of three departments to make a unit
of various products named A, B and C. For example, product B required 1 hour of time in department I
and 3 hours in department II and 7 hours in department III.
a. Find the numbers of units of A, B and C that could be made if department I has 75 hours available,
department II has 65 hours available and department III has 125 hours available.
b. If profits per unit of A, B and C are respectively $20, $30 and $40. what is the maximum profit and
the composition of the maximum profit combination of outputs?
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