Short Answer (4 points each). Show your work.<\/p>\n
1. Mr. Lothbrok has $10,000 to invest in two types of mutual funds, Coleman High-yield Fund, and<\/p>\n
Coleman Equity Fund. The High-yield fund gives an annual yield of 6%, while the Equity fund earns<\/p>\n
10%. Mr. Lothbrok would like to invest at least $5000 in the High-yield fund and at least $2000 in the<\/p>\n
Equity fund. How much money should he invest in each to maximize his annual yield, and what is the<\/p>\n
maximum yield?<\/p>\n
2. A DC license plate consists of 2 letters followed by 5 digits. How many such plates are possible?<\/p>\n
3. You have a collection of 42 rubber ducks. Of these, 24 have yellow bodies, 15 have orange bills, and 6<\/p>\n
have both. How many do not have either? Draw a Venn diagram.<\/p>\n
4. How many 3-people committees consisting of 1 boys and 2 girls can be chosen from a group of four<\/p>\n
boys and four girls?<\/p>\n
5. In how many ways can 4 English, 1 history, and 3 math books be set on a shelf, if they are grouped<\/p>\n
by subject?<\/p>\n","protected":false},"excerpt":{"rendered":"
Short Answer (4 points each). Show your work. 1. Mr. Lothbrok has $10,000 to invest in two types of mutual funds, Coleman High-yield Fund, and Coleman Equity Fund. The High-yield fund gives an annual yield of 6%, while the Equity Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-6957","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/6957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=6957"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/6957\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=6957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=6957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=6957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}