Problem

Tamara has $30,000, part or all of which she wants to invest into a combination of corporate bonds and municipal bonds. She wants to invest no less than $8,000 into corporate bonds, and at least three times as much into corporate bonds than into municipal bonds.

Let x be the amount invested in corporate bonds, and let y be the amount invested in municipal bonds.

Which system of inequalities describes Tamara's investment options?
x+y30,000x8,000x3y
x+y30,000x8,000x3y
x+y30,000x8,000x3y
x+y30,000x8,000x3y

Answer

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Answer

The system of inequalities that describes Tamara's investment options is: x+y30,000x8,000x3y

Steps

Step 1 :Let x be the amount invested in corporate bonds, and let y be the amount invested in municipal bonds.

Step 2 :Tamara has a total of $30,000 to invest, so the sum of x and y cannot exceed $30,000. This gives the inequality x+y30,000.

Step 3 :Tamara wants to invest no less than $8,000 into corporate bonds, so x must be greater than or equal to $8,000. This gives the inequality x8,000.

Step 4 :Tamara wants to invest at least three times as much into corporate bonds than into municipal bonds, so x must be at least three times y. This gives the inequality x3y.

Step 5 :The system of inequalities that describes Tamara's investment options is: x+y30,000x8,000x3y

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