Determine the maximum investment

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You have a new job as a Financial Planning assistant.  Your client wants to invest money in stocks, bonds, and treasuries that have the dividend yields shown in the table below.  Your job is to allocate their money across these three investments such that the total dollars of stocks is at least $10,000 more than the total dollars in bonds plus treasuries.  In addition, they have identified the maximum investment in each of those three investment types (also shown below). Maximize the dividends earned.

Your answer will be the total Dividends earned (rounded to whole dollars).

Stocks: yield %

1.14

Bonds: yield %

3.03

Treasuries: yield %

2.08

Stocks: $ max

410,000

Bonds: $ max

300,000

Treasuries: $ max

300,000

Reference no: EM133119994

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