Math  /  Geometry

QuestionMutual Funds Suppose that in a certain year, the Fidelity Nordic Fund (FNORX) was expected to yield 5\%, and the T. Rowe Price Global Technology Fund (PRGTX) was expected to yield 8%8 \%. You would like to invest a total of up to $80,000\$ 80,000 and earn at least $5,500\$ 5,500 in interest. Draw the feasible region that shows how much money you can invest in each fund (based on the given yields). (Place FNORX on the xx-axis and PRGTX on the yy-axis. Select Update Graph to see your response plotted on the screen. Select the Submit button to grade your response.) \begin{tabular}{|c|c|c|} \hline Inequality & Two Points (x,y)(x, y) on the Graphed Line & Point ( x,yx, y ) in Shaded Region \\ \hline availabie dollars & (,0)(0,)\begin{array}{l} (\square, 0) \\ (0, \square) \end{array} & ()(\square) \\ \hline desired interest & (,0)(0,)\begin{array}{l} (\square, 0) \\ (0, \square) \end{array} & ()(\square) \\ \hline x0x \geq 0 & (,0)(,1)\begin{array}{l} (\square, 0) \\ (\square, 1) \end{array} & ()(\square) \\ \hline y0y \geq 0 & (0,)(1,)\begin{array}{l} (0, \square) \\ (1, \square) \end{array} & ()(\square) \\ \hline \end{tabular}

Studdy Solution
Draw the feasible region on the graph:
- Plot the lines for the inequalities using the intercepts found in Step 2. - Shade the region that satisfies all inequalities, including x0 x \geq 0 and y0 y \geq 0 .
The feasible region is determined by the intersection of the constraints, considering the non-negativity of x x and y y .

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