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1. Identify your constraint inequalities.
- The minimum amount needed to start investing in each fund.
- The maximum total amount that you have available to invest.
- choose a reasonable number that is at least twice as much as the total minimum amount to purchase the two funds.
- suppose you intend that the difference between the amounts invested in each fund be no more than 25% of the maximum total amount.
2. Graph the feasible region
3. Solve algebraically for the corner points
(Please show the work or explain, trying to understand the concept)
Thank you!
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